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Labour market recovery likely to be weak, uneven, gradual: MAS

Published Wed, Oct 28, 2020 · 09:50 PM

Singapore

SINGAPORE's labour market should gradually rebound as the economy re-opens - but recovery is likely to be weak, uneven and long-drawn, with unemployment expected to decline more gradually than it did following the Global Financial Crisis.

This is according to the latest review of macroeconomic conditions by the Monetary Authority of Singapore (MAS), which was released on Wednesday.

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Monetary Authority of Singapore

Employment

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International

International

Labour market recovery likely to be weak, uneven, gradual: MAS

KEYWORDS IN THIS ARTICLE

International

Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia

Vietnam tycoon appeals against US$27 billion fraud death sentence

US announces new restrictions on firearm exports

Central banks will probably only cut half as much as they hiked

US consumer sentiment falls as inflation expectations climb

HSBC wins £1.3 billion suit over Disney film finance scandal

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