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Tighter labour market due not just to recovery, but also constraints
While entry curbs have eased, it will take time to address manpower shortfall; skills mismatch remains a concern
Published Fri, Dec 24, 2021 · 05:50 AM
Singapore
AS SINGAPORE'S growth stabilises, its labour market recovery - which traditionally lags that of the former - is set to continue in 2022.
Yet even as slack dissipates, not all of this will be for the "right" reasons. Manpower demand is indeed improving as Covid-19 curbs ease and businesses seek growth.
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