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Singapore's resident employment improves in 4Q2020 but the return of the labour market to pre-Covid levels may take time

Amala Balakrishner
Amala Balakrishner1/28/2021 12:13 PM GMT+08  • 3 min read
Singapore's resident employment improves in 4Q2020 but the return of the labour market to pre-Covid levels may take time
Resident employment in Singapore rose by 28,900 in 4Q2020 as the labour market continued to show signs of improvement.
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Resident employment in Singapore rose by 28,900 in the last quarter of 2020 as the labour market continued to show signs of improvement.

This marks the metric’s second consecutive quarter of increase and follows the 43,200 rise registered in 3Q2020 ended September, the Ministry of Manpower revealed in its advance estimates on Jan 28.

The latest showing is a turnaround from the contractions in resident employment seen in 1H2020 amidst the movement restrictions imposed to curb the spread of the coronavirus.

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