Singapore`s labour market shows signs of softening: govt

Antara News, 16 Dec 2008

Singapore (ANTARA News/Asia Pulse) - Singapore's labour market has showed signs of softening as a result of the global economic downturn, according to the republic's Manpower Ministry.

It said Monday that total employment grew by 55,700 in the third quarter but lower than the growth in the second quarter which was 71,400.

The figure was even lower than that recorded a year ago which was 58,600. Overall unemployment rate remained at a seasonally adjusted 2.2 per cent in September 2008, unchanged from June 2008.

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