Unemployment rate in Singapore dips in April
The unemployment rate for Singapore citizens and residents dipped in April, according to official figures by the Ministry of Manpower (MOM).
The unemployment rate for citizens fell by 0.1 percentage points to 4.1%, while the jobless rate for Singapore residents fell from 4% to 3.9%. Meanwhile, the overall unemployment rate remained unchanged at 2.9%.
In April, a total of 92,100 people — comprising Singapore citizens and permanent residents — were unemployed.
“We will continue to monitor our unemployment rates closely, especially as businesses in certain sectors are again faced with challenges with the recent tightening of measures in Phase 2 (Heightened Alert),” said Manpower Minister Tan See Leng in a Facebook post.
“Our priority is to get through this pandemic and position ourselves strongly for the future. I urge businesses to tap on the suite of support schemes available to pivot and transform, in order to adapt to the new normal,” the minister added.
Singapore’s unemployment rate peaked last September, and has remained flat or declined thereafter. In April, MOM reported that advance estimates showed that total employment grew in the first quarter of 2021 for the first time since the onslaught of the pandemic.