Singapore unemployment eases to 3.3% in November
There is still a need to look at a broader set of indicators to tell where the jobs market is headed: Josephine Teo
Singapore
SINGAPORE'S unemployment rates eased in November, for the first time since the Covid-19 pandemic hit, in what economists see as a promising sign of labour market stabilisation.
The overall unemployment rate fell to 3.3 per cent, down from the 3.6 per cent high of the preceding two months and the lowest rate since July, according to Manpower Ministry figures on Friday.
Resident and citizen unemployment rates both improved by 0.2 percentage points: to 4.6…
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