Job market improves - for less qualified
Professionals, managers, executives and technicians make up nearly two-thirds of the retrenched in Q3
Singapore
THE Singapore job market is looking up, but not for the better qualified due to a mismatch of skills and jobs. This dampens an otherwise cheery report by the Ministry of Manpower of its third-quarter labour market survey released yesterday.
The Singapore labour market continues to tighten - and this was underscored in September by a jump in job openings and fewer takers. After a 5.1 per cent decline in June, seasonally adjusted job vacancies rose 5.9 per cent over the quarter to 55,000 in September.
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