Jobless rate for Singapore continues to climb
Unemployment in Singapore creeped up to 3.1 per cent in the second quarter. But Manpower Minister Josephine Teo remains confident in the local labour market, saying that while jobs growth slowed, it did not stall.
Total employment growth in the second quarter of 2019 (excluding foreign domestic workers) grew by 4,000, lower than both the 10,700 figure recorded in the first quarter and the 6,500 jobs added in the same period last year (6,500).
The Ministry of Manpower noted that job growth had been robust in several sectors, including information and communications, social and personal services, and financial services.
While the manufacturing sector continued to shed workers, employment in construction picked up following a slight rise in the first quarter.