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Employment in Singapore falls by record 103,500 in Q2

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Just over half of those retrenched were PMETs, with the incidence of retrenchment rising sharply for non-PMETs.

Singapore

EMPLOYMENT fell by a record 103,500 in the second quarter of the year, a staggering four times the previous record contraction - in the first quarter - of 25,600, according to the Singapore Ministry of Manpower's Labour Market Report on Monday.

But other major indicators...

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