Fewer retrenchments seen in Q3, overall unemployment rate up slightly

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 doubling in this period, said the ministry.

There were 2,500 retrenchments over the …