THE Singapore economy added 26,500 jobs in the second quarter, bringing total employment to 3,053,000, a Manpower Ministry report said on Friday.
That was fewer than the 36,500 jobs gained in the first quarter of 2010.
Services contributed to the bulk of the increase in employment, while manufacturing employment fell by 2,400 after increasing by 3,100 in the previous quarter.
Redundancies fell across manufacturing, construction and services sectors. Preliminary estimates put the number of workers retrenched or had contracts terminated prematurely in the second quarter at 1,900, lower than 2,400 in the previous quarter.
Unemployment has stabilised after falling sharply at the end of last year. The seasonally adjusted overall unemployment rate stood at 2.3 per cent, an improvement from 3.2 per cent a year ago.
The resident unemployment rate was 3.3 per cent, compared to 4.5 per cent a year ago.
- The Straits Times
No comments:
Post a Comment