15 Dec '11, 3am

Employment growth for Q3 strong, but demand for workers may weaken

Employment growth for Q3 strong, but demand for workers may weaken

Latest statistics from the Ministry of Manpower (MOM) show that Singapore added 31,900 jobs between the months of July and September, higher than the 24,800 jobs added in the previous three months. -- ST PHOTO: TED CHEN By Cai Haoxiang Employment growth was strong in the third quarter of this year but there are signs of softening demand for workers. Latest statistics from the Ministry of Manpower (MOM) show that Singapore added 31,900 jobs between the months of July and September, higher than the 24,800 jobs added in the previous three months. Job growth was driven by the services sector, which added 21,200 jobs, and supported by strong gains in the construction sector, which added 6,800 jobs, and the manufacturing sector, which added 3,700. This nudged the overall unemployment rate to 2 per cent in September 2011, down from 2.1 per cent in June. The unemployment rate for ...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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