June 15, 2005

Singapore's Jobless Rate Rises to 3.9 Pct.

Forbes said:

Singapore's unemployment rate rose to 3.9 percent in the first quarter, the government said Wednesday, as lower economic growth forced slower job creation. That's up from 3.7 percent in the previous quarter, the Ministry of Manpower said. Some 16,900 jobs were added in the first quarter - below the 32,700 jobs created in the fourth quarter.

Not a very good news...

Link

Submitted by jseng on June 15//11:04pm and published by jseng :: 4 comments | 1115 reads | trackback

June 07, 2005

Graduate unemployment rising

Little Speck has an article (reprinted from the Star) about the rising number of unemployed graduates.

Statistics in June 2004 showed 103,000 residents unemployed, of which some 18,000 (about 17.5%) were graduates and 12,000 (11.6%) were diploma holders.

In 1998, only 16.5% of retrenched workers had a tertiary education. Today, they form 29% of the total unemployed.

Link

Submitted by sgfilm on June 07//7:08am and published by jseng :: 1292 reads | trackback