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2017 labour productivity jumps to seven-year high
Published Wed, Feb 14, 2018 · 09:50 PM
Singapore
SINGAPORE'S overall labour productivity in 2017 surged to a seven-year peak - the highest recorded since it rebounded in 2010 following the Global Financial Crisis (GFC).
Labour productivity, as measured by real value-added (VA) per actual hour worked, grew by 4.5 per cent last year, improving significantly from the 1.8 per cent achieved in 2016.
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