Coronavirus has dimmed the outlook of Singapore's jobs market, says minister

last year — but replicating that performance has become harder now with the coronavirus outbreak, the country's manpower minister said on Thursday.

"Even in 2019, we were looking at a more uncertain outlook and as it turns out, 2019's employment growth was very strong," Josephine Teo, Singapore's minister for manpower, told CNBC's"But coming into 2020, especially with the COVID-19 outbreak, I think everyone is not so sure whether we can sustain the momentum. I think it's best not to expect that it will be so," added Teo, who's also Singapore's second minister for home affairs.

But China, in a bid to contain the spread of the coronavirus, has taken drastic measures such as shutting down cities and businesses, as well as restricting travel — threatening the revenue stream of many economies including Singapore.set aside 5.6 billion Singapore dollars

We all stopped going places where there were viruses, we would never even have waded into the sea, lots are there too

Define 'dimmed'

Am not surprised, that is always the outcome of every deadly epidemic viruses, so it's no big deal!

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Super-early retirees rely on stocks for their future savings — will coronavirus-driven volatility derail their dreams?What happens when you retire in your 30s and six figures evaporate in less than a week on coronavirus fears? Now do Boomers. 😐 You eat cat food and develop a meth habit That's what happens when you have those who've invested and retired who have never been through either bear markets, or recessions.
Source: MarketWatch - 🏆 3. / 97 Read more »