Things appear to be improving in Singapore’s labour market, following the start of Phase 2 of the nation’s reopening on June 19.

Total employment excluding foreign domestic workers (FDWs) shrank by 26,900 in the third quarter ended September – a significant improvement from the historic 103,800 plummet seen in the quarter before.

This follows continued cuts in non-resident employment, the Ministry of Manpower (MOM) revealed in its preliminary estimates on Oct 30.

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