PMET job cuts mostly in sectors going through restructuring

Singapore

NEARLY two-thirds of professionals, managers, executives and technicians (PMET) layoffs in 2018 happened in sectors undergoing restructuring, said Minister for Manpower Josephine Teo on Monday.

The ministry is also closely monitoring certain PMET segments, such as older job seekers and the long-term unemployed, she added, noting that the resident long-term unemployment rate for PMETs was 0.8 per cent.