Sinkie Unemployment continues to increase and yet more approval of work passes granted to foreigners.

[A Singaporean]

Singapore’s jobless rate climbs to 3.6%; more than 20,000 retrenched year-to-date



SingaporeSingapore’s jobless rate climbs to 3.6%; more than 20,000 retrenched year-to-date
A man wearing a face mask in the Raffles Place financial business district in Singapore on Apr 14, 2020. (Photo: AFP/Roslan Rahman)
By Rachel Phua
30 Oct 2020 02:00PM(Updated: 30 Oct 2020 04:56PM)
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SINGAPORE: Singapore’s unemployment rate rose to 3.6 per cent in September but at a slower rate compared to previous months, as the country reopened from a COVID-19-induced slowdown.
Even then, officials warned that labour market conditions will stay soft amid the prolonged economic downturn.

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Third quarter estimates from the Ministry of Manpower (MOM) released on Friday (Oct 30) showed that the overall unemployment rate crept up by 0.2 percentage points from 3.4 per cent in August, which had already surpassed the high recorded during the peak of the global financial crisis.
The rate among Singaporeans and permanent residents went up from 4.6 per cent in August to 4.7 per cent, while the citizen unemployment rate increased from 4.7 per cent in August to 4.9 per cent.
This brings the total number of unemployed residents to 112,500, of which 97,700 are Singaporeans.
The pace of increase slowed in September - a 0.1 to 0.2 point hike - compared to the 0.3 to 0.4 point gains seen in the previous months, the ministry noted.

 

[mojito]

Singapore’s jobless rate climbs to 3.6%; more than 20,000 retrenched year-to-date



SingaporeSingapore’s jobless rate climbs to 3.6%; more than 20,000 retrenched year-to-date
A man wearing a face mask in the Raffles Place financial business district in Singapore on Apr 14, 2020. (Photo: AFP/Roslan Rahman)
By Rachel Phua
30 Oct 2020 02:00PM(Updated: 30 Oct 2020 04:56PM)
Bookmark
SINGAPORE: Singapore’s unemployment rate rose to 3.6 per cent in September but at a slower rate compared to previous months, as the country reopened from a COVID-19-induced slowdown.
Even then, officials warned that labour market conditions will stay soft amid the prolonged economic downturn.

Advertisement


Third quarter estimates from the Ministry of Manpower (MOM) released on Friday (Oct 30) showed that the overall unemployment rate crept up by 0.2 percentage points from 3.4 per cent in August, which had already surpassed the high recorded during the peak of the global financial crisis.
The rate among Singaporeans and permanent residents went up from 4.6 per cent in August to 4.7 per cent, while the citizen unemployment rate increased from 4.7 per cent in August to 4.9 per cent.
This brings the total number of unemployed residents to 112,500, of which 97,700 are Singaporeans.
The pace of increase slowed in September - a 0.1 to 0.2 point hike - compared to the 0.3 to 0.4 point gains seen in the previous months, the ministry noted.

FTs create good jobs for Singaporeans. Oppies so forgetful?

 

[millim6868]

60% sinkies very good heart ones thry help PAPigs to bring in more so call FT n PRs so tjat these ppl can cine takeover their jobs, see how 61% so niceeeee, even PAPigs keep queit all the while getting fat pay every mth ,they hv to tkank tje 61% kumlan sinkies

 

[syed putra]

20 k unemployed is nothing.bulk of it are from jb and minorities.