SUBSCRIBERS

Q3 unemployment stays at 2%, but total employment grows

While overall unemployment remains unchanged, MOM report says the figure's up for citizens and residents

Lee U-Wen

Published Thu, Oct 29, 2015 · 09:50 PM

Singapore

THE overall unemployment rate in Singapore remained unchanged at 2 per cent in the third quarter of the year, although it crept up for citizens and residents for the second straight quarter amid softer economic conditions.

According to preliminary estimates for the third quarter released on Thursday by the Ministry of Manpower (MOM) in its latest Employment Situation report, unemployment for Singaporeans went up from 2.9 per cent to 3.1 per cent, while that for residents also inched up from 2.8 per cent to 3 per cent.