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VIRUS OUTBREAK

Layoffs double in Q2; total employment dives by quarterly record of 122,000

Actual numbers likely to be bigger; worst not over, say Manpower Minister Josephine Teo, economists

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Singapore's total employment saw its worst quarterly contraction on record in the second quarter of 2020, according to preliminary data, and economists fear the worst is yet to come.

Singapore

SINGAPORE'S total employment saw its worst quarterly contraction on record in the second quarter of 2020, according to preliminary data, and economists fear the worst is yet to come.

The total number of people working between April and June shrank by 121,800, almost five...

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