15 Jun 2012
Unemployment Rises In Q1 2012

Labour productivity also falls, according to MOM report.

Unemployment rose to 2.1% in March 2012, up from 2% in December 2011. Job vacancies also declined by 5.1% to 46,800.

Other key findings from the Ministry of Manpower's (MOM) Labour Report report for January to March 2012 are as follows:

  • labour productivity fell 2.2%, after declining 0.5% in the previous quarter
  • total employment rose by 27,000
  • average monthly wages rose slightly by 0.9%
  • employment gains came from service, construction and manufacturing industries

View Labour Market Q12012 report at MOM website.

Sources

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