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A full jobs recovery only likely after next June, say economists

Signs of rebound in labour market are surfacing, but only for residents, and they are uneven

Published Thu, Dec 31, 2020 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    THE worst may be over but a full recovery of the labour market is only likely after next June, according to private sector economists.

    With the Covid-19 vaccines rolling out, boosting business confidence, the earliest the economy can pick up is only in the first half of 2021, they say. And, as it usually has been, it will take the jobs market around two quarters to catch up.

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