The_King Posted December 12, 2019 Share Posted December 12, 2019 SINGAPORE (Reuters) - Singapore's unemployment rate in the third quarter edged up to its highest in almost 10 years, official data showed on Thursday, amid signs of economic uncertainty ahead of an election widely expected to be held within months. The overall unemployment rate edged up to 2.3% from 2.2% in the previous quarter, on a seasonally adjusted basis, data from the manpower ministry showed. This was the highest since the fourth quarter of 2009 when the unemployment rate touched 2.3%. The rise was due to hiring caution amid underlying economic uncertainties, the ministry said in a statement, adding that an "effort will be needed to help unemployed job seekers overcome skills mismatches with the remaining vacancies." Singapore's unemployment rate is significantly below other advanced economies with the OECD average around 5%. The city-state, which has seen a softening in growth this year partly due to a tariff tussle between its major trade partners - the United States and China, has in recent months taken steps towards holding an election due by early-2021. https://www.msn.com/en-sg/money/markets/singapore-third-quarter-jobless-rate-edges-up-to-decade-high-of-23percent/ar-AAK2swO Link to comment Share on other sites More sharing options...
Satki Posted December 13, 2019 Share Posted December 13, 2019 J teo has a new spin made Typical pap Not my fault Helping a friend to gain more subscribers. He is quite a talented music creator. Look for "Thee Influence" in Youtube Link to comment Share on other sites More sharing options...
aaur4man Posted December 13, 2019 Share Posted December 13, 2019 "because now ppl take longer time to accept the jod offer so the whole process take longer hence considered unemployed" lol 1 Link to comment Share on other sites More sharing options...
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