Things appear to be improving in Singapore’s labour market, for unemployment rates have fallen for the fourth consecutive month.

The nation’s overall unemployment rate dipped to 3% in February, from 3.2% in the previous month, the Ministry of Manpower (MOM) revealed in its monthly unemployment situation report on April 7.

Unemployment amongst residents – which comprises of Singaporeans and permanent residents – edged down to 4.1% in February, from 4.3% in January. Similarly, citizen joblessness declined to 4.3%, from 4.5% in the month prior. 

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