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Singapore’s labour market makes broad recovery but unemployment rate still elevated: MOM

SINGAPORE’S resident employment rate rebounded beyond pre-Covid-19 levels as the labour market makes a broad-based recovery, but several other labour indicators continued to lag, according to the Ministry of Manpower’s (MOM) advance release of its annual Labour Force in Singapore (LFAR) 2021 on Wednesday (Dec 1). The employment rate for residents rose to 67.2 per […]

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Singapore’s resident employment, incomes recover, but labour market still troubled by Covid-19: MOM

SINGAPORE – Singapore’s labour market is slowly recovering – with more residents being employed and incomes rebounding – but unemployment rates continue to lag behind pre-pandemic levels, according to advance estimates released by the Ministry of Manpower (MOM).  The incomes of residents – Singaporeans and permanent residents – rose above pre-Covid-19 levels this year, rebounding […]

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Takings rise 16% year on year for Singapore’s services industries in Q3

SINGAPORE’S services industries saw business receipts rise 16 per cent year on year for the third quarter, according to Department of Statistics (Singstat) figures on Friday (Nov 26). Business receipts were also up 4.8 per cent on a quarter-to-quarter non-seasonally adjusted basis. However, Singstat’s business receipts index excludes wholesale trade, retail trade, and accommodation and […]

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