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Report: Labour Market Advance Release 2016
Released on:26/1/2017 12:00 AM

​​​​Report: Labour Market Advance Release 2016

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

Key findings: Amid restructuring and a slower economy, local employment grew modestly in 2016, while foreign employment contracted. Unemployment increased for residents and citizens. Redundancies were also higher. Median income for citizens continued to grow over the last five years, although growth slowed in 2016.

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





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