, Singapore

Chart of the Day: Jobless rate for Singapore residents jumped to 2.9%

57,700 residents were unemployed.

According to the latest report by MoM, the seasonally adjusted overall unemployment rate remained low at 1.9% in March 2013, compared with 1.8% in December 2012. 

The unemployment rate for residents rose to 2.9% from 2.7%, while the citizen unemployment rate was unchanged at 2.9%. An estimated 57,700 residents including 50,000 Singapore citizens were unemployed in March 2013.

The seasonally adjusted figures were 60,600 for residents and 52,900 for citizens.

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