The ministry said that youth unemployment here is largely transitory and short-term.
In 2021, the percentage of unemployed youth who are long-term unemployed was 16.4 per cent, which is lower than the corresponding percentage for older age groups.Also, while there was a slight 1.2 per cent rise in the youth long-term unemployment rate in 2021, it was comparable to previous crises - the 2003 Sars pandemic and 2009 global financial crisis ."
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Unemployment rates fall to near pre-COVID-19 levels, job market recovery to extend in 2022: MOMSINGAPORE: Total employment rebounded in 2021, with unemployment rates dipping to near pre-COVID-19 levels, the Ministry of Manpower (MOM) said in its 2021 Labour Market Report released on Monday (Mar 14). The labour market recovery is expected to continue this year, with economic growth gaining momen
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