, Singapore

Jobless rate inches down to 2.8% in May

This is an improvement from 2.9% from the previous month.

The employment situation in Singapore showed signs of improvement after the jobless rate dropped to 2.8% in May from 2.9% in the previous month.

According to the Ministry of Manpower’s (MoM) monthly unemployment situation report, there were continued declines in the unemployment rate seen amongst residents and citizens.

The jobless rate amongst residents dropped to 3.8% in May from 3.9% in April and 4% in March. Residents refer to Singapore citizens and permanent residents.

Meanwhile, the jobless rate of citizens went down to 4% from 4.1% and 4.2% in April and March, respectively.

Moreover, MoM reported there are 88,600 residents unemployed in May 2021, including 79,000 citizens.

The MoM noted the survey covered private households in Singapore, excluding workers living in construction worksites, dormitories, workers’ quarters at the workplace, and those commuting from abroad to work in Singapore.

Follow the link s for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Singapore’s aged care homes fall short
Their services are routinary and not personalised mainly due to resource constraints.
Healthcare
ArrowBiome develops technology to kill specific bacteria in humans
The Singapore startup focuses on the personal care market but may expand to gut health soon.
Healthcare
Mediation drives legal hiring growth in Singapore
Corporate and commercial law is also set to boost hiring in 2025 amid M&As.
HR & Education