15 Mar '11, 4am

More than 115,000 jobs created last year

SINGAPORE: There were a total of 115,900 jobs created in Singapore for the whole of last year. This was a slight adjustment to an earlier estimate of 112,500. The Manpower Ministry said the total employment growth far exceeded the 37,600 jobs in 2009. In its labour market report for 2010, MOM highlighted that the labour market recovered strongly last year from the 2009 recession, bolstered by the robust economic performance. The services sector contributed the bulk of employment gains of 111,000 in 2010, almost double that the previous year. Construction employment grew by 2,500 down substantially from the gains of 25,100 in 2009. This was mainly due to the completion of several large building projects and fewer new projects coming on stream. Manufacturing employment declined by 1,100. However, this was much lower than the losses of 43,700 in 2009. Last year, local employm...

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

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