Singapore overall unemployment rate remains low, flat at 2.1% in July: MOM

• Sep 09, 2022

SINGAPORE’S unemployment rates in July remained low at pre-pandemic levels, according to the Ministry of Manpower (MOM) on Friday (Sep 9).

The overall unemployment rate held steady at 2.1 per cent, unchanged from the previous month.

Resident unemployment increased slightly to 2.9 per cent from 2.8 per cent in June; citizen unemployment was unchanged at 3 per cent, according to MOM’s monthly unemployment report for July.

Among the 68,900 residents unemployed in July, 61,500 were citizens, said MOM.

The ministry said: “We expect unemployment rates to remain low in the coming months as sectors such as aviation ramp up recruitment efforts with the easing of border restrictions and rebound in travel.”

Source: https://www.businesstimes.com.sg/government-economy/singapore-overall-unemployment-rate-remains-low-flat-at-21-in-july-mom