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Singapore's employment surged by 22,300 in Q3 2024, with unemployment dipping to 1.9%.
Singapore's labor market saw significant growth in Q3 2024, with total employment up 22,300, nearly double the previous quarter's increase.
Resident and nonresident employment rose, driven by sectors like information and communications, professional services, and manufacturing.
Unemployment fell slightly to 1.9%, and while job vacancies dropped to 63,400, there were still 1.39 jobs per jobseeker.
The Ministry of Manpower expects festivities to further boost labor demand.
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El empleo en Singapur aumentó en 22.300 en el tercer trimestre de 2024, con un descenso del desempleo del 1,9%.