Singapore's employment falls for 11th straight month in May despite rise in PMI - report

Reuters, 5 Jun 2012
SINGAPORE, June 5 (Reuters) - Manufacturing activity in Singapore expanded slightly in May, reversing a contraction in April as orders and inventories rose, the latest Purchasing Manager's Index (PMI) showed.
The sub-indicator for employment, however, contracted for the 11th straight month, the Singapore Institute of Purchasing & Materials Management (SIPMM) said on Tuesday. Full story

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