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Labour market continues recovery in Q4, as non-resident employment rises for first time since Covid-19 struck

Office workers seen at the Central Business District in Singapore.

Office workers seen at the Central Business District in Singapore.

The latest estimates of the labour market here found that total employment grew in the fourth quarter of 2021 after declining in the third quarter.

Non-resident employment rose in the fourth quarter for the first time since Covid-19 struck Singapore.

Resident employment grew at a faster pace than the quarter before due to year-end seasonal hiring.

The unemployment rate also improved as economic growth picked up momentum in the same quarter.

The labour market is expected to continue improving in 2022 but the recovery will be uneven across sectors, MOM said.

4 STORIES REMAINING

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