Report: Labour Market Advance Release First Quarter 2019

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

Key findings: Preliminary indicators suggested that the labour market held up in 1Q 2019 despite signs of external economic headwinds and uncertainty in 2019. Key labour market indicators stayed mostly on trend. Employment grew, retrenchments remained low, and overall and resident unemployment rates held steady, although the citizen unemployment rate edged up modestly.

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