SINGAPORE (Nov 28): Real median income growth of full-time employed residents in Singapore has slowed to 2.2% in 2019, falling sharply from the 4.4% growth recorded in 2018, according to an advance labour force report released by the Ministry of Manpower (MOM) on Thursday.

However, MOM noted that real median income growth averaged 3.8% per annum over the last five years from 2014 to 2019, higher than the 1.9% per annum growth in the preceding five years.

At the same time, resident unemployment rate edged up to 3.1% in June 2019, from 2.9% a year ago.

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