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flag Singapore's employment growth slows in Q1 2025, with job creation and unemployment rates shifting.

flag Singapore's labor market showed signs of slowing in the first quarter of 2025, with employment growth declining to 2,300, lower than the previous quarter's 7,700 increase. flag The unemployment rate rose to 2.9%, up from 2.8% in December. flag Despite the slowdown, retrenchments decreased. flag The Ministry of Manpower expects the labor market to soften further due to uncertainty from global trade tensions.

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