Sg unemployment rate falls further job outnumber job seekers

• SJS6638

  15 Dec 12, 15:07

  

  Singapore's job market tightens further

   

  Singapore's unemployment rate falls further as job openings start to outnumber job seekers. 

  Singapore Q3 jobless rate 1.9 pct vs 2.0 pct in Q2

  Reuters – Fri, Dec 14, 2012 9:59 AM SGT

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  SINGAPORE, Dec 14 (Reuters) - Singapore's Ministry of

  Manpower released detailed unemployment data for the third

  quarter of 2012 on Friday:

  (percent, seasonally adjusted)

  Q3/12 Q2/12 Q1/12 Q4/11 Q3/11 Q2/11

  1.9 2.0 2.1 2.0 2.0 2.1

  CONTEXT:

  - The final third quarter jobless rate was unchanged from

  the preliminary estimate of 1.9 percent.

  - The seasonally adjusted unemployment rate for Singapore

  citizens was 3.0 percent in the third quarter, unchanged from

  April to June, while the jobless rate for residents held steady

  at 2.8 percent. Singaporeans and individuals with permanent

  residency status make up about two-thirds of the total

  workforce, excluding maids.

  - The manpower ministry said the low unemployment rate

  reflected high manpower demand amid the tightening in foreign

  manpower controls.

  - Total employment in Singapore rose by 26,200 between July

  and September, below the 31,900 gain in the second quarter.

   

  - The seasonally adjusted vacancies rose by 13 percent over

  the quarter to 51,500 in September 2012, after declining in the

  two preceding quarters. There are now 125 job openings per 100

  job seekers, up from 91 in June.

  - Singapore has been making it harder for firms to hire

  low-cost foreign workers in a bid to address complaints by

  citizens concerned about crowded trains and increased

  competition for jobs that have resulted in stagnant wages.

  (Reporting by Kevin Lim; Editing by Jacqueline Wong)

   

   

• SJS6638

  15 Dec 12, 15:10

  There is no such thing as job vacancies outnumber job seekers.      For one vacancy there are normally more than one applicant.    Don't know why must tell this sort of lie    

  The unemployment figure in sg always is favourable to only one group of people in Sg to show that they are managing the country "very well" and they take such "great care" of their citizens.       tsk tsk tsk!!!

• charlize

  15 Dec 12, 15:15

  Originally posted by SJS6638:

  There is no such thing as job vacancies outnumber job seekers.      For one vacancy there are normally more than one applicant.    Don't know why must tell this sort of lie    

  The unemployment figure in sg always is favourable to only one group of people in Sg to show that they are managing the country "very well" and they take such "great care" of their citizens.       tsk tsk tsk!!!

  Applicant does not mean unemployed leh.

• charlize

  20 Dec 12, 00:07

  How is job market now?

   

  Those people who left school this year to join workforce, got any stories to tell?

• Rock^Star

  20 Dec 12, 01:23

  Originally posted by SJS6638:

  There is no such thing as job vacancies outnumber job seekers.      For one vacancy there are normally more than one applicant.    Don't know why must tell this sort of lie    

  The unemployment figure in sg always is favourable to only one group of people in Sg to show that they are managing the country "very well" and they take such "great care" of their citizens.       tsk tsk tsk!!!

  It's possible la......one job seeker applies for many jobs at one time right?