Unemployment rate in November slid to 3.3%

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No November has seen the first decline in unemployment rate in 2020. Singapore’s overall unemployment rate fell to 3.3% in November, from 3.6% the month prior, according to figures published by the Ministry of Manpower on 8 January. The drop was noted as the first in 2020, possibly punctuating the worst for the labour market amidst the COVID-19 pandemic. The unemployment rate of Singaporean citizens and permanent residents decreased from 4.8% to 4.6%. In November, 109,500 residents were unemployed. read more