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Singapore's labour market still positive amid weaker growth forecast this year: MOM

Jeffrey Tan
Jeffrey Tan • 2 min read
Singapore's labour market still positive amid weaker growth forecast this year: MOM
SINGAPORE (Sept 12): Even as Singapore’s economy is expected to record slower growth in 2019, the labour market has remained positive in the first half of the year, according to the Ministry of Manpower.
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SINGAPORE (Sept 12): Even as Singapore’s economy is expected to record slower growth in 2019, the labour market has remained positive in the first half of the year, according to the Ministry of Manpower.

In particular, local employment expanded by 5,300 during the period, albeit slower than the growth of 6,500 recorded in 1H18.

Foreign employment excluding FDW also increased by 11,600 in 1H19, driven by growth in services and turnaround in construction.

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