This is a discussion on 24,100 new jobs in Q3 within the Local & Foreign Issues forum, part of the Community Lounge category; THE Singapore economy added an estimated 24,100 jobs in the third quarter, bringing total employment to 3,075,500, a Manpower Ministry ...
THE Singapore economy added an estimated 24,100 jobs in the third quarter, bringing total employment to 3,075,500, a Manpower Ministry report said on Friday.
That was about the same as the 24,900 jobs added in the second quarter of 2010, but fewer than the 36,500 jobs gained in the first.
Services contributed to the bulk of the increase in employment, while manufacturing employment fell by 400, though the decline eased from the previous quarter.
Redundancies fell across manufacturing, construction and services sectors. Preliminary estimates put the number of workers retrenched or had contracts terminated prematurely in the third quarter at 1,900, lower than 2,280 in the previous quarter.
The seasonally adjusted overall unemployment rate stood at 2.1 per cent, an improvement from 3.3 per cent a year ago and down slightly from 2.2 per cent in June 2010.
The resident unemployment rate was 3.1 per cent, compared to 4.8 per cent a year ago.
24,100 new jobs in Q3