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Labour market 1Q20
Labour market
Total employment makes historic drop in 1Q20 as ratio of job vacancies to unemployed persons falls
The decline in Singapore’s total employment is the sharpest contraction since the 2003 SARS pandemic
June 15, 2020
Singapore economy
Job losses and wage declines expected
“Notwithstanding the government’s support measures, some firms affected by the fallout from Covid-19 may still have to undertake labour cost adjustment measures such as putting workers on shorter work weeks or no-pay leave,” says MAS
April 30, 2020
Labour market
Unemployment rate rises to 2.4% in 1Q20, but economists say more layoffs and job losses to come
MOM expects the wage support measures announced under the three Budgets this year to cushion the extent of job losses.
April 29, 2020