SINGAPORE (June 13): The labour market outlook remains uneven across sectors, according to the latest labour market data released by the Manpower Research and Statistics Department, Ministry of Manpower (MOM).

In a Tuesday press release, MOM highlights that redundancies and the unemployment rate may remain elevated as a result of continued cyclical weakness in some sectors and ongoing business restructuring.

It also observes that while hiring expectations remain cautious in sectors such as construction and marine, sectors such as finance & insurance, information & communications, healthcare and certain segments of manufacturing “should continue to support job growth”.

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