THE employment rate in Metro Manila had increased to 2.38 percent during the third quarter of 2013 from the 2.35 percent in 2012, the Department of Labor and Employment (DOLE) announced on Monday.
DOLE Secretary Rosalinda Baldoz said the 2.38-percent employment growth in Metro Manila was based on the results of the Labor Turnover Survey (LTS) of the Bureau of Labor and Employment Statistics (BLES), which showed that the number of workers hired had increased compared to the number of workers who were fired or those who opted to resign.
“Employment in large enterprises in Metro Manila continued its growth in the third quarter of 2013 driven by the robust growth in the domestic economy,” Baldoz said.
In the same period, the survey showed that 84 per 1,000 workers got employed due to expansion or replacement of workforce, while only 60 percent per 1,000 were either laid off or quit from their job.
The strongest growth was recorded in the industry and service sector with 3.07 percent, including the expansion in manufacturing at 4.7 percent making up for the slack in mining and quarrying (-3.7 percent).
“Construction grew by a modest 1.9 percent. So did agriculture, fishery and forestry, which slightly inched up by 1.16 percent,” the BLES said.
Meanwhile, the employment in services was up by 2.25 percent, but growth was mixed across sub-sectors.
Among the biggest gainers were education at 4.95 percent; transportation and storage at 3.79 percent; and administrative and support service activities at 3.65 percent.
Accession due to replacement of workers had increased to 5.1 percent, which is higher than the 3.27 percent accession because of expansion of businesses or a 1.83 increased.
The accession due to expansion registered high in construction, 8.02 percent; mining and quarrying, 7.35 percent; transportation and storage, 4.87 percent; and manufacturing, 4.76 percent; and professional, scientific, and technical activities, 2.53 percent.
The BLES noted that employer-initiated separations, or lay-offs, were higher at 3.26 percent compared to employee-initiated separations, or resignation, 2.73 percent.
The survey conducted by the bureau has a total of 763 respondents and a retrieval rate of 99.1 percent, which the result was issued this month.
The LTS is a quarterly sample survey of the BLES of enterprises, which it aims to capture job creation or “accession” and job displacement or “separation” as indicators of labor market activity.
Further, the survey was intended to generate timely labor market signals as sound basis in planning, policy formulation, and decision-making.
Labor turnover is the difference between accession and separation.
Citing the accession rate, the BLES said that it increased to 8.7 percent, which is higher than the 5.99 percent separation rate during that period.