UPDATED figures confirm that the labour market "turned the corner" in the fourth quarter of 2020, though risk factors remain, said Manpower Minister Josephine Teo at Tuesday's release of the Labour Market Report.
These risks include the lack of a major reopening of borders, the tapering off of support, and mismatch between job seekers and employers.
Moving on from last year's priority of keeping workers in jobs, this year will focus more on helping them find roles that are a good fit, she said.
Economists expect further improvements, particularly in the later half of the year with the prospect of some resumption in overseas travel.
The latest report painted a picture of the labour market...