Singapore’s unemployment rate fell to the lowest level in three years as employers expanded payrolls to meet demand for goods and services in an accelerating economy.
The seasonally adjusted unemployment rate fell to 1.9 percent in the three months through March from 2.2 percent the previous quarter, the Ministry of Manpower said in a statement today. That’s lower than the median estimate of nine economists surveyed by Bloomberg News for a rate of 2 percent. The economy added an estimated 23,700 jobs last quarter, it said. Full story
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Commentary: Ministry of Manpower, what is the jobless rate for Singapore citizens in Q1 2011?
