An office worker silhouetted against the skyline of Singapore’s financial hub. Photo: AP
An office worker silhouetted against the skyline of Singapore’s financial hub. Photo: AP
Singapore

Singapore’s local jobless rate at highest since 2004 as pandemic worsens lay-offs in transport and services sectors

  • Advance estimates show Singaporeans bore the brunt of the job losses in the third quarter after foreigners felt the effects earlier this year
  • Analysts said unemployment was likely to peak either in the third or fourth quarter but slow job growth will continue into 2021

An office worker silhouetted against the skyline of Singapore’s financial hub. Photo: AP
An office worker silhouetted against the skyline of Singapore’s financial hub. Photo: AP
READ FULL ARTICLE