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Unemployment for Singaporeans and PRs rises in third quarter: Manpower Ministry
Office workers at Raffles Place on Feb 18
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Office workers at Raffles Place on Feb 18.(The Straits Times/ANN) (The Straits Times/ANN)
Office workers at Raffles Place on Feb 18.(The Straits Times/ANN)
Unemployment for Singapore citizens and permanent residents crept up in the third quarter of the year amid softer economic conditions, although total employment rose.
The seasonally adjusted unemployment rate as of end September was 3.1 per cent for citizens and 3 per cent for all residents, up from 2.9 per cent and 2.8 per cent respectively three months earlier.
Overall, the rate remained unchanged at 2 per cent, according to preliminary figures released by the Manpower Ministry (MOM) on Thursday .
"MOM and the Singapore Workforce Development Agency stand ready to help displaced local workers to re-skill and upgrade so that they are able to take on new jobs," the ministry said in a statement.
The three months from July to September also saw the number of people employed rise by 16,400 as a result of growth in the services and construction sector. This was an improvement from the 9,700 rise in the previous quarter and the fall of 6,100 in the preceding one.
This brought the total number of people in jobs here to 3,644,000 as at end September.
Firms laid off fewer people for the third consecutive quarter, with 2,900 people losing their jobs from July to September, down from 3,250 in the previous three months. (kes)(+)
