Singapore 1Q Unemployment Rate Rises To 4-Yr High

The Wall Street Journal, 30 Apr 2009, Dow Jones
SINGAPORE (Dow Jones)--Singapore's unemployment rate rose to a four-year high as the current economic downturn led firms in the manufacturing and the services sector to undertake steeper job cuts.
The island's seasonally adjusted jobless rate rose to 3.2% in the first quarter ended in March from 2.5% in the previous quarter, the Ministry of Manpower said Thursday in a statement.
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