15 Dec '11, 2am

[CNA] S'pore sees strong employment growth in Q3

SINGAPORE: Employment growth was strong and unemployment dipped in the third quarter of 2011, according to the latest report from the Manpower Ministry. Total employment grew by 31,900 in the third quarter of 2011, higher than the 24,800 in the preceding quarter and 20,500 in the third quarter last year. Over the first nine months this year, total employment grew by 85,000. The bulk of the employment gains in the third quarter of 2011 came from services. Supported by public sector projects, construction workforce rose by 6,800, higher than the gains of 3,600 in the previous quarter. Manufacturing registered gains of 3,700, up from 800 in the preceding quarter. Overall unemployment rate in Singapore has declined slightly from 2.1 per cent in June 2011 to 2.0 per cent in September 2011. The unemployment rate for residents dipped from 3.0 per cent to 2.9 per cent and for Sing...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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