Retrenchments

Singapore economy

Singapore’s labour market in ‘healthy’ mode even as 2Q unemployment rate for citizens rise

SINGAPORE (Sept 13): Singapore’s seasonally adjusted unemployment rate rose slightly in the second quarter ended June, reported the Ministry of Manpower in its quarterly Labour Market Report Second Quarter 2018 released on Thursday morning.

9 in 10 Singapore companies paid out retrenchment benefits in 2015

SINGAPORE (Dec 29): The proportion of establishments in Singapore giving out retrenchment benefits remains high, says the Ministry of Manpower (MOM) based on the results of its Retrenchment Benefits Survey covering retrenchments conducted in 2015.
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