unemployment

SINGAPORE (July 1): The labour market in Singapore has typically been tight. Over the last four decades, the city state had an average unemployment rate of 2.43%. It did reach an all-time high of 6% in ­early 1986 as Singapore faced its first recession p

Clarification

While fresh graduates have difficulty getting a job, Professionals, Managers, Executives and Technicians (PMETs) with decent work experience struggle to remain in the workforce. Retrenchments in Singapore rose in 1Q2019 to 3,230, from 2,510 in 4Q2018, dri

SINGAPORE (June 3): For much of the post-World War II period, economic policy has focused on unemployment. The massive job losses of the Great Depression — reversed only when WWII, and the massive debt accumulated to finance it, kick-started economic gr

SINGAPORE (Dec 13): Job vacancies continue to outnumber the number of job seekers even as Singapore’s labour market showed further signs of improvement in 3Q18, finds the latest quarterly employment study by the Ministry of Manpower (MOM).

BOSTON (Oct 3): US Federal Reserve Chairman Jerome Powell on Tuesday hailed a “remarkably positive outlook” for the US economy that he feels is on the verge of a “historically rare” era of ultra-low unemployment and tame prices for the foreseeable

SINGAPORE (Aug 6): Anaemic wage growth is a global phenomenon — and one that has stumped central bankers and economists. 

SINGAPORE (Feb 15): Rising prices are more of a threat to the global economy this year than joblessness, according to Bloomberg’s Misery Index, which sums inflation and unemployment outlooks for 66 economies.

SINGAPORE (June 13): The labour market outlook remains uneven across sectors, according to the latest labour market data released by the Manpower Research and Statistics Department, Ministry of Manpower (MOM).

WASHINGTON (May 4): Federal Reserve officials remained on track to gradually tighten monetary policy after leaving interest rates unchanged and signaling they were not alarmed by recent US economic weakness.