A Singapore Government Agency Website
Advance estimates showed that Singapore’s labour market continued to recover from the impact of the COVID-19 pandemic in 1Q 2021. Total employment (excl. MDW) grew for the first time since 4Q 2019 as the increase in resident employment outweighed the decline in non-resident employment. Unemployment rates declined further in March 2021 while the number of retrenchments fell for the second consecutive quarter to a level usually observed in pre-pandemic quarters.
For more information, please refer to the full
Labour Market Advance Release First Quarter 2021 report.
Released on: 28 April 2021
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