Last Updated on 4 months by News Admin
The Labour Department will be undertaking a Job Openings and Labour Turnover Survey (JOLTS) during the period of 12th October to 9th November, 2020. The survey is being funded by the World Bank under the Human Development and Service Delivery Project.
The data obtained will provide indicators on the demand-side of the labour market across the various economic sectors at the national level, and would show where labour shortages may exist. It would provide a measure of the tightness of the job market, parallel to existing measures of unemployment.
The survey will cover the formal business sectors, inclusive of statutory corporations and non-profit organisations. Central Government, private households and the agricultural sector, due to its largely informal nature, were excluded.
The survey collects data on Total Employment, Job Openings, Hires and the various forms of separations, including quits, layoffs, and discharges and other forms of separations.
The JOLTS will typically capture data over a three-month period. For this activity, the reference period will span from July 1st to September 30th, 2020.
The results of the survey will guide national economic policy, the development of education and training programmes and will be useful for economic research, industry studies, among others. Employers are urged to participate in the survey and are assured that no information that could identify your business will be disclosed.
A second round of the survey is expected to be executed in 2021. It is anticipated that the Labour Demand Survey will be conducted biannually.