Singapore economy continues to add new jobs
Singapore’s workforce grew by another 24,100 in Q3 2010, with the services sector producing most of the new jobs. The numbers show a slight decline on previous results (Q1 saw 36,500 new jobs and Q2 brought 24,900) but seasonally adjusted figures show the unemployment rate has dropped; down to 2.1% from last year’s 3.3%.
The number of manufacturing jobs fell by 400, though redundancies in manufacturing and construction in the form of retrenchments and canceled contracts went to 1,900 from 2,280 in Q2.
source & article: Straits Times
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