22 Dec '11, 2pm

Singapore Workforce, 2011

The employment rate rose to a new high in 2011, reflecting the sustained improvement among women and older residents. Amid a tighter labour market, the median income of residents in full-time employment rose faster than a year ago, even after taking inflation into account. These are the key findings from the comprehensive Labour Force Survey conducted in the middle of 2011 by the Ministry of Manpower’s Research and Statistics Department. Main Findings Growth in Singapore’s resident labour force moderated in 2011, reflecting the absolute decline in number of permanent residents in the population.1 The pool of economically active residents increased over the year by 1.6% in June 2011, lower than the growth of 3.1% in 2010 and the average of 2.6% p.a. from 2001 to 2011. There were 2.08 million residents in the labour force as at June 2011. The resident labour force participat...

Full article: http://www.sgrecruiters.com/news/singapore-workforce-2011

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