SINGAPORE: Singapore’s jobless rate hit a six-year high in the fourth quarter, while total employment in 2016 grew at the weakest pace in over a decade, as labour market conditions softened amid a slowdown in economic growth.
The total unemployment rate rose to 2.2% in the fourth quarter from 2.1% in the third quarter, rising to a level last seen in the fourth quarter of 2010, preliminary data from the Ministry of Manpower showed.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
