The Malaysian Insider, 4 Jul 2009
SINGAPORE, July 4 — Singapore can expect unemployment to remain at current levels or to rise further, Manpower Minister Gan Kim Yong said yesterday.
In remarks suggesting a turnaround is not imminent, he said that with the economic outlook still uncertain, the labour market “will remain soft for next one to two quarters at least”.
“A lot will depend on whether orders are coming in for the third as well as the fourth quarter. Visibility is not clear beyond July or August,” he said at a press conference to give an update on the impact of the Skills Programme for Upgrading and Resilience (Spur).
Read More
