Report: Labour Market Advance Release First Quarter 2021

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Report: Labour Market Advance Release 2020

KEY INSIGHTS

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

For data pertaining to income of Singapore Citizens, you may refer to the Statistical Tables for Income