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Report: Labour Market Advance Release First Quarter 2016
Released on:28/4/2016 12:00 AM

​​​Report: Labour Market Advance Release First Quarter 2016

This release provides preliminary estimates of key indicators on the manpower situation covering unemployment, employment and redundancy for the latest quarter.

Key findings: Preliminary estimates showed that overall unemployment in March 2016 was unchanged from December 2015. However, it declined for residents and citizens, largely due to a lower labour force participation rate among youths aged 15 to 24. Total employment grew in the first quarter of 2016, slower than the seasonally high growth in the fourth quarter of 2015 and a reversal from the declines a year ago in first quarter 2015. The number of layoffs fell from the previous quarter, but was still higher than a year ago.

For more key findings, please refer to the highlights of the report.





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