July, 2007
Main Stories, Uncle Leong - Tuesday, July 31, 2007 21:21 - 0 Comments
Breaking News: MOM’s 2nd quarter report on employment
The Ministry Of Manpower (MOM) has issued a press release on the employment situation for the second quarter. The release is titled: “EMPLOYMENT SITUATION IN SECOND QUARTER 2007: Continued record employment growth with sharp fall in unemployment”.
(View the press release here, in PDF file.)
Leong Sze Hian has some questions.
The MOM’s report says:
“Among the resident labour force, the non-adjusted unemployment rate was 4.2%, also higher than 3.4% in March 2007 but lower than 4.5% in the same period a year ago. An estimated 79,600 residents were unemployed in June 2007. The seasonally adjusted figure was 63,000″.
The estimated 79,600 unemployed residents is higher than the estimated 66,000 last quarter.
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