Asia

Much reason to cheer latest jobs data, but some questions remain

SINGAPORE – On the surface of the latest labour market figures released by the Ministry of Manpower (MOM) on Thursday (Jan 28), there is much reason to cheer. Many local job seekers found jobs, and the number of retrenchments per quarter has started to fall.

A highlight is that by the end of last year, the number of residents – that is, Singaporeans and permanent residents – in employment had rebounded to pre-Covid-19 levels, even managing to eke out growth of 9,300 over the year.

Please subscribe or log in to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

Join ST’s Telegram channel here and get the latest breaking news delivered to you.

Source: Read Full Article