Singapore’s unemployment continued to show signs of recovery, as the seasonally-adjusted rate eased by 0.1% points in March.
This brought the republic’s overall unemployment rate to 2.9% in March, lower than the 3.0% recorded in February. This was revealed in the preliminary numbers released in the Ministry of Manpower’s (MOM) Labour Market Report on Apr 28.
Unemployment among both residents and citizens had inched down, with that for residents hitting 4.0% in March, from 4.1% in February. Meanwhile, the rate for Singaporeans came in at 4.2%, down from 4.3% in February.