Monday, September 15, 2014

Sgx Singapore News Update : Epic Research Singapore

Singapore's Ministry of Manpower released detailed unemployment data for the second quarter of 2014 on Monday.

The final second quarter jobless rate of 2.0% was unchanged from the preliminary estimate released on July 31.
Total employment rose by 27,700 in the second quarter of 2014, compared to a gain of 33,700 in the same quarter a year ago and a gain of 28,300 in the first quarter of 2014.

This brought total employment to 3,549,900 in June 2014, up 3.8% from a year ago.

Employment growth in Singapore has been affected by government measures that make it tougher for firms to hire low-cost foreign workers.
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