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flag Singapore's employment surged by 22,300 in Q3 2024, with unemployment dipping to 1.9%.

flag Singapore's labor market saw significant growth in Q3 2024, with total employment up 22,300, nearly double the previous quarter's increase. flag Resident and nonresident employment rose, driven by sectors like information and communications, professional services, and manufacturing. flag Unemployment fell slightly to 1.9%, and while job vacancies dropped to 63,400, there were still 1.39 jobs per jobseeker. flag The Ministry of Manpower expects festivities to further boost labor demand.

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