15 Dec '11, 4am

Strong employment growth in 3Q 2011

Employment growth was strong and unemployment dipped in the third quarter of 2011. Total employment grew by 31,900 in the third quarter of 2011, higher than the gains of 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, slightly higher than the gains of 82,000 in the same period in 2010. The bulk of the employment gains in the third quarter of 2011 came from services (21,200), slightly higher than in the preceding quarter (20,200). 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. The seasonally adjusted overall unemployment rate declined slightly from 2.1% in June 2011 to 2.0% in September 2011. Similarly, the unemployme...

Full article: http://www.mom.gov.sg/newsroom/Pages/PressReleasesDetail....

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