Jul 22, 2010

Singaporeans optimistic over job prospects over the next 12 months

Singaporeans are no longer worried about getting a job.

In fact, they are the second-most optimistic lot in the Asia-Pacific region when it comes to job prospects over the next 12 months, according to market research firm Nielsen.

Eighty-three per cent of Singaporeans polled by Nielsen for its latest Global Consumer Confidence Index survey feel positive about their employment prospects.

As such, consumers here say this is the right time to start spending on holidays, clothes as well as investing in stocks and unit trusts.

Still, 70 per cent say they will put aside spare cash after they have covered essential living expenses.

When it came to concerns, work-life balance and the economy came out tops.

Managing director of Nielsen Singapore Joan Koh said the continued concern over the economy could be due to the fact that it has just begun to stabilise.

- TODAY newspaper

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