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View Full Version : Serious The MOM released the Labour Market Report for the Q1 and it look really negat


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15-06-2016, 07:10 PM
An honorable member of the Coffee Shop Has Just Posted the Following:

Article Source: http://$$$$$$$/28DUrKR

Looks like things are starting to look a little grim.

http://www.fivestarsandamoon.com/wp-content/uploads/2016/06/1.jpg

The Ministry of Manpower released the Labour Market Report for the first quarter of this year (2016), and it really looks quite negative.



Long-term unemployment rate increased from 0.5% to 0.7%.
Employment grew by 13,000, but significantly lower than the same period in 2013 and 2014.
Number of workers made redundant (4,710) was the highest first quarter redundancies since 2009.
While job openings outnumber job seekers (103 openings per 100 job seekers), it is the lowest since June 2012.


And again, just yesterday (14 June 2016), the Public Service Division reported that civil servants will get a 0.45 months mid-year bonus, lower than the previous year of 0.5 months.

Read the full article here: http://$$$$$$$/28DUrKR


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