Singapore Sees Labor Market Cooling Some More in Coming Quarters

📆 27/07/2023 08:59 ص
📰 economics

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Singapore’s labor market is expected to cool further as companies appear to be more cautious on hiring and giving pay hikes, according to the manpower ministry

The economy added 23,700 jobs in the second quarter, down from the 33,000 in the first three months of 2023, according tofrom the Ministry of Manpower on Thursday, in signs that demand continues to ease amid headwinds in the global economy.

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