A Singapore Government Agency Website
This quarterly release analyses the labour market situation. Topics covered include unemployment, employment, retrenchment, re-entry into employment, job vacancy, labour turnover and hours worked.
Final data confirmed that employment continued to grow, while the unemployment rate and the number of retrenchments inched up. At the same time, the re-entry rate among retrenched residents rose. However, hiring sentiments remained cautious, as the number of job vacancies continued to decline, albeit at a slower pace than the previous quarter. With a slight increase in unemployment, the ratio of job vacancies to unemployed persons declined further.
For more key findings, please refer to the highlights of the report.
