Tag: Retrenchment

SDP pushes for reform of immigration policy: Hire S’poreans first, retrench S’poreans last

Singapore – The Singapore Democratic Party is pushing for changes on the immigration policy saying that the country “allows too many foreign workers into Singapore to displace local PMETs (professionals, managers, executives, and technicians).” Via a press release on June 8 (Saturday), the SDP proposed...

MOM reports decrease in retrenchments, growth in employment for Q3

The Ministry of Manpower has reported signs of improvement in the county’s labor market with lower retrenchment rates and employment growth that is more than double of the second quarter of 2018. Unemployment rates, however, also went slightly higher, from 2 percent in 2Q to...