, Singapore

Labour Day Crunch: More Singaporeans turn jobless in 1Q

Citizen unemployment rate hit 3%.

As manpower woes grip Singapore, more Singaporeans are scrambling to get a job during the first quarter of the year. Preliminary estimates showed that the seasonally adjusted unemployment rate rose in March 2014 from December 2013 to 2.1%. Jobless rate among Singaporeans also inched higher to 3% from 2.8%.

According to the Ministry of Manpower, total employment grew by 24,900 in the first quarter of 2014, lower than the seasonally high increase of 40,600 in the fourth quarter of 2013. The increase was also lower than the 28,900 in the first quarter of 2013.

There were 3,518,700 persons in employment in March 2014. This was 3.9% higher than a year ago. This rate of increase over the year was lower than the 4.1% in December 2013.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.