2011 witnessed highest resignation rates: ERF

Resignation rates in Egypt reached their highest levels in 2011, accounting for 2% of the total employment rate, according to a November research paper published by the Economic Research Forum (ERF).

The paper analysis shows that the share of involuntary job loss has increased over the period 2009-2011. It added, however, that the numbers leaving their jobs or being terminated remain low, despite an apparent increase after 2009 due to the global economic crisis.

The paper entitled “Job Accession, Separation and Mobility in the Egyptian Labour Market over the Past Decade” by Chaimaa Yassine, was published to measure the dynamism of the Egyptian labour market during a set period. It also looked at the impact of the market’s dynamics on stagnant unemployment rates, estimating annual and semi-annual transition probabilities of workers among different employment sectors as well as between employment and non-employment states.