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Labour Market 2023
Labour market
Retrenchments increase in 3Q2023; economic headwinds to continue weighing on labour market: MOM
Re-entry into employment among retrenched residents improved to 65.3% in the 3Q2023 while unemployment rates remained low at 1.9%.
December 14, 2023
Labour market
Singapore real income falls 2.3% this year as inflation lingers
Economic headwinds are expected to continue to weigh on the job market going forward said an MOM report.
December 01, 2023
Singapore economy
Labour market could ease in 2023 after tightness last year: Analysts
Unemployment rates could trend higher in 2023 with an uptick in retrenchments but is expected to remain within pre-Covid levels.
February 02, 2023