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Report: Labour Market Advance Release Second Quarter 2017
Released on:28/7/2017 12:00 AM

​​​Report: Labour Market Advance Release Second Quarter 2017

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

Key findings: The seasonally adjusted resident and citizen unemployment rate declined from March 2017 to June 2017, after trending up from September 2016. Although unemployment declined, they remained higher than a year ago. Total employment contracted in the second quarter of 2017, mainly due to a decrease in Work Permit Holders in construction and manufacturing. The number of layoffs fell from the previous quarter and a year ago.

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





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