30 Apr '12, 3am

Unemployment rate increases marginally to 2.1% in March

The unemployment rate increased slightly to 2.1 per cent last month, from 2.0 per cent in December last year. -- PHOTO: BLOOMBERG Employment growth slowed in the first three months of 2012, but remained fairly strong with 27,400 jobs created, according to preliminary estimates from the Ministry of Manpower. This was lower than the 37,600 jobs created in the preceding three months, and the 28,300 created in the same period in 2011. Of the new jobs, 19,800 were created in services and 8,000 in construction. Manufacturing jobs fell by 500, after having fallen by 1,400 in the last quarter of 2011. Layoffs have fallen, with an estimated 2,700 workers made redundant in the first three months of 2012 - lower than the 3,250 laid off in the previous quarter. Please enable JavaScript to view the comments powered by Disqus. blog comments powered by Disqus

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