Singapore jobless numbers rise in third quarter

Business | 24 Oct 2019 2:43 pm

Singapore's overall unemployment rate increased slightly in the third quarter, preliminary figures from the Ministry of Manpower show.

The seasonally adjusted overall unemployment rate climbed slightly in September from 2.2 percent to 2.3 percent, as well as among residents from 3.1 percent in the previous quarter to 3.2 percent in the July to September quarter, Channel News Asia reports. 

"The increase in unemployment rates occurred when there were still vacancies available. This suggests some mismatch in the labor market," said the ministry.

The jobless rate for citizens increased from 3.2 percent in the second quarter to 3.3 percent in the three months ending September.

The second quarter jobless rate for citizens was earlier reported as 3.3 percent. However, according to ministry, the rate was subsequently recalculated to be 3.2 percent.

In September, the number of unemployed citizens increased from 64,200 to 65,000. 

Among residents, the number of jobless went from 72,600 in the second quarter to 74,700 in the three months ending September. 

Total employment in the third quarter (excluding foreign domestic workers) grew by 22,400, higher than the 6,200 figure in the second quarter and the same period last year (16,700).-Photo: Straits Times 

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