29 Apr '11, 11am

Singapore's unemployment rate dropped to a three-year low in March

Job seekers filling out application forms at a recruitment fair. Singapore's unemployment rate dropped to a three-year low in March, with 23,700 jobs created in the first quarter of this year. -- ST PHOTO: AZIZ HUSSIN SINGAPORE'S unemployment rate dropped to a three-year low in March, with 23,700 jobs created in the first quarter of this year. The overall jobless figure is now 1.9 per cent, down from 2.2 per cent in December 2010, according to preliminary estimates released by the Ministry of Manpower (MOM) on Friday. This is despite companies adding fewer workers to their payrolls in the first three months of 2011 compared with earlier quarters. As with previous quarters, almost all the labour gains in the first quarter came from the services sector, where 22,800 jobs were created. Construction firms also hired 1,100 more staff in the period, MOM said. But manufacturers a...

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

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