Ministry of Manpower (MOM)

Global Economy

Briefs: India's relief package for telco sector is 'game changer' says Singtel's CFO Lang

In other news this week, hedge fund billionaire Ray Dalio says ‘cash is trash’ and makes the case for crypto
Job vacancies rose to record high of 92,100 in June: MOM - THE EDGE SINGAPORE

Labour market

Job vacancies rose to record high of 92,100 in June: MOM

The ratio of job vacancies to unemployed persons improved to above 1 for the first time since Mar 2019.
Singapore's total employment declines in 2Q2021; unemployment rate improves - THE EDGE SINGAPORE

Labour market

Singapore's total employment declines in 2Q2021; unemployment rate improves

Total employment for 2Q2021 ended June fell by 15,700, reversing from the increase seen in 1Q2021
Singapore labour market improves in 1Q21, but unemployment rate still higher than pre-pandemic levels - THE EDGE SINGAPORE

Labour market

Singapore labour market improves in 1Q21, but unemployment rate still higher than pre-pandemic levels

Singapore’s 1Q2021 total employment grew for the first in four consecutive quarters.
Singapore's unemployment rate eases to 2.9% in March, but labour market not fully back to pre-pandemic levels: MOM - THE EDGE SINGAPORE

Labour market

Singapore's unemployment rate eases to 2.9% in March, but labour market not fully back to pre-pandemic levels: MOM

While unemployment rates have been falling steadily, they are still “elevated compared to pre-Covid-19 levels,” says MOM.
Nearly half of job vacancies in 2020 were newly created positions: MOM - THE EDGE SINGAPORE

Labour market

Nearly half of job vacancies in 2020 were newly created positions: MOM

“The job market has a certain level of efficiency, and we are able to match employers and jobseekers,” says Manpower Minister Teo.
Singapore's unemployment rate improves for fourth month in February - THE EDGE SINGAPORE

Labour market

Singapore's unemployment rate improves for fourth month in February

“With every dip in the unemployment rate, the next drop will likely be harder to achieve,” cautioned Minister Josephine Teo.
Briefs: Fed keeps zero-rate outlook, sees inflation bump short-lived  - THE EDGE SINGAPORE

Global Economy

Briefs: Fed keeps zero-rate outlook, sees inflation bump short-lived

"The titles of Elon Musk and Zach Kirkhorn have changed to Technoking of Tesla and Master of Coin, respectively." –— Tesla Inc
Singapore's total employment sees sharpest fall in over 2 decades in 2020 : MOM - THE EDGE SINGAPORE

Labour market

Singapore's total employment sees sharpest fall in over 2 decades in 2020 : MOM

Total employment for the was down by 166,600 in 2020

Labour market

Dependant's Pass holders will need work passes from May 1

Foreigners living as dependants in Singapore who decide to seek employment will soon have to obtain their own work passes.
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