Singapore's Ministry of Manpower's preliminary estimates confirm a more extensive Covid-19 impact on the labour market in the second quarter of 2020. — Reuters pic
“Total employment contracted further and far more acutely in the second quarter,” according to the Manpower Research and Statistics Department, Ministry of Manpower , in its preliminary estimates here today. Within services, the contraction was sharpest in food and beverage services, retail trade, arts, entertainment and recreation and education. Construction also saw a steep decline in employment.Meanwhile, the department said the overall unemployment rates rose in June 2020 to 2.9 per cent from 2.4 per cent in March 2020.
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