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Young firms added more to net jobs than maturing, old ones for 2009-2016 period
Published Mon, Aug 13, 2018 · 09:50 PM
Singapore
YOUNG firms contributed more than maturing and old firms to net job creation over the period of 2009-2016, found a study by the Ministry of Trade and Industry (MTI).
Specifically, young firms - described as those five years and below - contributed 2.7 percentage points to the average annual net employment growth of 2.3 per cent over the period. This compares with the combin…
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