Singapore's total employment increased by 9,400 in the first quarter, extending its growth streak to 18 consecutive quarters, according to a Ministry of Manpower report released Monday.
The increase was driven by resident employment, which rose by 5,400 in the quarter, up from 3,100 in the previous quarter.
The overall unemployment rate held steady at 2.0% in March, while the rates for residents and citizens were 2.9% and 3.1%, respectively.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments