You are here

SINGAPORE ECONOMY

Fewer retrenchments seen in Q3, overall unemployment rate up slightly

MOM says labour market continues to improve, with total employment growth more than doubling during the quarter

BT_20181027_CONSTRUCT_3601128.jpg
Construction GDP had contracted by 3.1% compared with a year ago in Q3 of 2018, extending the 4.2% dip from the previous quarter. The industry was affected by weakness in public sector construction activities.

Singapore

FEWER people were laid off in the third quarter of this year, while overall unemployment crept up slightly, according to Ministry of Manpower (MOM) statistics released on Friday.

But overall, the labour market continued to improve, with total employment growth more than...

sentifi.com

Market voices on: