Singapore unemployment rate in Q4 to hit 2%: Moody's

Singapore unemployment rate in Q4 to hit 2%: Moody's

Singapore Business Review·2018-01-20 16:35

The manufacturing sector shed jobs despite the upturn in exports.

Moody's Analytics expects Singapore's unemployment rate to have edged down to 2% as economic activity remained solid in the last part of 2017.

Previously, Singapore’s seasonally adjusted unemployment rate edged lower to a one-year low of 2.1% in the third quarter.

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