labour market

“Overall, the near-term outlook for the Singapore economy is fraught with uncertainty. There is poor understanding of the evolution of the Covid-19 situation globally, which in turn implies that the depth and duration of the downturn in Singapore”: MAS

Practically, all sectors of the Singapore economy have been hit but it is the airlines and the tourism industries that are hurting badly.

Overall unemployment rates had edged up to 2.3% in 2019, with resident unemployment at 3.1% and citizen unemployment at 3.3%.

(Feb 21): As 2020 gets underway, employment in both Europe and the US is at a record high and still rising. The job losses from the 2008 financial crisis and subsequent recession have been all but reversed – but you wouldn’t know it from the public mo

While some financial firms are conducting interviews by video conference or phone, closing the deal is more problematic, especially at investment banks and wealth-management units.

Enterprise Singapore had facilitated and provided on-the-ground assistance to 600 internationalisation projects - which are expected to rake in overseas sales worth $8.8 billion, and overseas investments worth $8.9 billion.

Quoteworthy

SINGAPORE (20 Dec) : Singapore’s labour market came under some pressure earlier this year, as the slowing economy saw hiring sentiment turning more cautious across industries. In its most recent Labour Market Report for 3Q2019 ended Sept 30, the Ministr

SINGAPORE (Dec 10): Jobseekers have cause for celebration as the hiring pace in Singapore is expected to pick up in the first three months of 2020. This was reflected in the results of the Employment Outlook Survey released on Tuesday by ManpowerGroup, a

SINGAPORE (Dec 3): Singapore’s economy may be facing headwinds and inflation’s muted but companies in the Southeast Asian city-state are set to step up salary increases next year in a bid to retain staff, according to a survey.