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S'pore jobless rate rises
Mon, Sep 15, 2008
The Straits Times

SINGAPORE'S jobless rate rose to 2.3 per cent in June, for the second quarter in a row even as total employment growth remained strong in the second quarter, driven by the robust construction sector.

Amid the economic uncertainties, the overall unemployment rate rose from a seasonally adjusted 1.7 per cent in December to 2 per cent in March and further to 2.3 per cent in June, according to the latest labour market update released by the Ministry of Manpower on Monday.

Some 77,800 residents were jobless in June. The seasonally adjusted figure was 60,900, up 12 per cent from 54,300 in March. But MOM said it was comparable to the 59,700 in June a year ago.


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