4.8 per cent jobless but worse is yet to come

Posted by on April 30, 2009 6 Comments

THE unemployment rate for Singaporeans and permanent residents hit a five-year high of 4.8 per cent last month.

Manpower Ministry

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6 Responses to “4.8 per cent jobless but worse is yet to come”

  1. Can't be helped 30 April 2009

    4.8% jobless? That means 95.2 % still employed. Not too bad lah, still over 90%, hor.

    Anyway you only need 66% vote to get 98% seats in Parliament, so it’s OK. Of course must assume again 50% walkover lah, which is again very possible.

  2. Dr Frankenstein 30 April 2009

    Will MOM ever give the break up of how many Singapore unemployed and how many fast tracked PRs unemployed are there?

  3. SZ 30 April 2009

    Is it true that those undergoing re-training are not considered as un-employed?

  4. Dumboqueen 30 April 2009

    “Let’s wait for the US economy to recover, it may recover next year or a few years time but don’t worry we have the JCS and SPUR…oh ya our reserves still have lots of money…mumble (expect more jobs losses)….did I mention that our reserves still have lots of money and SPUR?”

  5. Joe 30 April 2009

    Now, why suddenly MOM split things so clearly?

    Singaporeans and permanent residents.

    I thought that they liked to to lump these two into one classification in the past.

  6. TrueBlood Singaporean 1 May 2009

    Can the Retraining Spur – made Chartered Greater than TSMC
    made Creative Greater than Apple
    Stop SIA from downturn.
    Stop DBS, NOL from Retrenchment

    What is the fundamental of retraining, admit those NUS, NTU degrees are useless!