Singapore resident employment rate up, income growth slows

Singapore

THE resident employment rate was slightly higher in June this year than in June 2018 - despite economic headwinds, going by an advance labour force report released on Thursday.

Additionally, workers' income continued to grow over 2019, but at a slower pace than a year ago, said the report from the Ministry of Manpower (MOM).

It showed that the employment rate for residents aged 25 to 64 rose from 80.3 per cent in June last year to 80.8 per cent in June this year.

The top five sectors that hired workers were from community, social and personal services, professional services, information and communications, and financi…