Tag: Unemployment

Hong Kong minister urges a halt to violence as unemployment increases

Hong Kong Chief Secretary for Administration Matthew Cheung expressed disappointment at the latest violent demonstration last Sunday after police fired tear gas at protesters. “The work of stopping the violence has not yet been completed, we need to keep working on it. At the same...

More retrenchments, fewer jobs in 2019

Latest figures show a bleak trend in Singapore's labour market. The Ministry of Manpower (MOM) reported in its most recent labour market study that retrenchments increased from 2,320 in Q2 to 2,900 in Q3. Service industries faced the most number of job cuts followed by manufacturing...

MOM: Rise in unemployment rate due to ‘mismatch in the labour market’

Singapore—Data from the Labour Market Report released by the Ministry of Manpower (MOM) on October 24, Thursday, shows that Singapore’s overall unemployment rate has risen slightly in this year’s third quarter. The latest overall unemployment rate is at 2.3 percent, which is seasonally adjusted, shows...

Leong Sze Hian asks “Have we lost our way” on National Day

Singapore – While others were celebrating Singapore’s 54th birthday, Leong Sze Hian provided quite a few statistics concerning the country's current state and asked if Singapore has lost her way. On August 9 (Friday), prominent blogger and activist Leong Sze Hian aired some concerns...

Job hunting tips for fresh grads and seasoned professionals

Whether you're a bright-eyed fresh graduate psyched to find your first job or you're already quite experienced in the corporate world, here are some timeless tips to take note of during your job hunt. Read: Pay hikes in Singapore, Asia expected with markets’ steady growth Personalize resumes...

More jobless Singaporeans, Q1 rate grows to 3.2%: MOM

Singapore – According to the initial figures released by the Ministry of Manpower (MOM) on April 26 (Friday), the rate of citizen unemployment in Singapore slightly increased during the first quarter of this year. The unemployment rate for December 2018 was 3.1 per cent, it...

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...

Unemployed and underemployed Singaporeans share their stories as photo of “jobless graduate” goes viral

A photo of an "unemployed graduate" sitting at Raffles Place holding a sign that she has been rejected by 78 prospective employers has been going viral online. While the woman in the photo has garnered intense support online, it turns out that the "unemployed graduate" is...

Singapore sees worst case of job losses in 14 years

Singapore has seen a total employment contraction of 8,500 in the first quarter of the year, resulting in a 14-year high in job losses for the Island republic. Most of the job losses were registered in the construction and the manufacturing sectors. This was revealed by Citi Research,...

Australia’s unemployment rate rises despite record new jobs

By HR ASIA Australia's unemployment rate rose slightly, to 6.3 per cent, in November, despite the creation of more than 40,000 jobs during the month. The Australian Bureau of Statistics said on Thursday that the number of people employed rose by 42,700 to 11.64 million in...