The unemployment rate was unchanged in March 2017, but it was higher than a year ago, after trending up in previous quarters. More job seekers took a longer time to find work. Total employment contracted, mainly due to declines in Work Permit Holders in Manufacturing and Construction. Redundancies were lower than the previous quarter, while the rate of re-entry among those made redundant held steady. The ratio of job vacancies to unemployed persons improved slightly, following seven consecutive quarters of decline.
For more information, please refer to the full Labour Market First Quarter 2017 report.
Released on: 13 June 2017
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