World

Singapore’s unemployment rate falls to 3.2 percent in January

Singapore’s overall unemployment rate continued to fall in January thanks to economic stabilisation, according to latest figures released by the Ministry of Manpower (MOM) on March 3.
Singapore’s unemployment rate falls to 3.2 percent in January ảnh 1Singapore’s overall unemployment rate continues to fall in January. (Photo: businesstimes.com.sg)

Singapore (VNA) - Singapore’s overall unemployment rate continued tofall in January thanks to economic stabilisation, according to latest figuresreleased by the Ministry of Manpower (MOM) on March 3.

The overall unemployment rate edged down to 3.2 percent, from 3.3 percent inDecember, while the resident unemployment rate was 4.3 percent, down 0.1 percent.

The citizen unemployment rate was unchanged at 4.5 percent, having earlierdecreased from 4.7 percent in November.

There were 101,900 unemployed residents in January, of which 89,300 werecitizens.

Minister of Manpower Josephine Teo pointed to initiatives like the Jobs SupportScheme and the SGUnited Jobs and Skills Package that helped Singaporeans stayemployed, together with tripartite efforts coordinated by the National JobsCouncil.

Since September 2020, the Jobs Growth Incentive has also helped to expand localhiring, she added.

However, Teo said more work needs to be done since long-term unemployment rateis still elevated in the nation, and even for those employed, some are inshort-term or transitional positions./.
VNA
#unemployment rate #Singapore #Ministry of Manpower #resident unemployment rate #SGUnited Jobs and Skills Package #Jobs Support Scheme #Jobs Growth Incentive #Vietnam News Agency #Vietnamplus Singapore
Follow VietnamPlus

Related News

Singapore announces 80.8 billion USD budget plan for 2021

Singapore announces 80.8 billion USD budget plan for 2021

Singaporean Deputy Prime Minister cum Minister of Finance Heng Swee Keat on February 16 announced the nation’s 107 billion SGD (80.8 billion USD) budget plan in 2021 to provide immediate help to sectors under stress, and invest in the country’s long-term future.
Singapore channels over 18 billion USD to boost innovation efforts

Singapore channels over 18 billion USD to boost innovation efforts

Singapore will spend around 24 billion SGD (over 18 billion USD) over the next three years to help firms and workers adapt to the changing global landscape partly caused by the COVID-19 pandemic as part of its 80.8 billion USD budget plan for 2021 announced by Deputy Prime Minister Heng Swee Keat on February 16.

See more

A corner of Bangkok. (Photo: bangkokscoop.com)

Bangkok among top 10 cities for global conferences

Thailand hosted 158 international meetings last year, up from 143 in 2023, deputy government spokeswoman Sasikarn Wattanachan said, citing the International Congress and Convention Association's 2024 GlobeWatch Business Analytics – Country & City Rankings, unveiled at IMEX Frankfurt 2025.

Indonesian Coordinating Minister for Infrastructure and Regional Development, Agus Harimurti Yudhoyono, at the opening of the International Conference on Infrastructure (ICI) 2025 in Jakarta, June 11, 2025. (Photo: Antara)

Indonesia targets universal access to clean water by 2045

Coordinating Minister for Infrastructure and Regional Development Agus Harimurti Yudhoyono called on all stakeholders to work together in building a sustainable clean water system, stressing that universal access can only be achieved through broad-based cooperation and shared commitment across society.

Indonesian Foreign Minister Sugiono (third, left) and his New Zealand counterpart Winston Peters (third, right) co-chair the 12th meeting of the Indonesia-New Zealand Joint Ministerial Commission (JMC) in Jakarta, on June 13. (Photo: ANTARA)

Indonesia, New Zealand promote cooperation on strategic areas

The cooperation between Indonesia and New Zealand covers several fields, including economy, trade, investment, and education. In the economic sector, the ministers agreed to encourage more balanced and sustainable trade to achieve the bilateral trade target of 6 billion NZD (3.62 billion USD) by 2029.

Cambodian workers collect salt from the fields ready to store it in warehouses in Kampot province. (Photo: Phnom Penh Post)

Adverse weather drives fall in Cambodia’s salt production

March to April is the full time for salt harvesting, but in March, there was a sudden rain in a day that disrupted the production for a week and 10 days, he said, adding that in April, it rained continuously, so the association decided to finish the harvest by the end of April.

Through the ASEAN Economic Community Strategic Plan, ASEAN member countries aim to significantly enhance intra-regional trade by building greater resilience to external shocks and promoting the connectivity of the common market for goods, services and investment. (Photo: VNA)

ASEAN poised for greater role in global economy

ASEAN is a peaceful region, which makes it a conducive location for foreign direct investment and business ventures that can come from across the globe, said the chief economist of Bank Muamalat Malaysia Berhad.

Indonesian Minister of Maritime Affairs and Fisheries Sakti Wahyu Trenggono atUNOC-3 at Port Lympia, Nice, France. (Photo: ANTARA)

Indonesia reaffirms sustainable ocean management commitment at UNOC-3

Indonesia implements blue economy concrete actions, such as expanding marine conservation areas to cover 30% by 2045, implementing responsible quota-based fisheries, promoting sustainable aquaculture, monitoring coastal ecosystems, and involving communities in reducing plastic waste in seas.

Cargo at Long Beach Port, California, the US. (Photo: Xinhua/VNA)

ASEAN accelerates trade talks with US ahead of tariff suspension deadline

According to the earlier US tariff announcement, Cambodia encounters the highest rates of 49%, followed by Laos (48%), Vietnam (46%), Myanmar (44%), Thailand (36%), and Indonesia (32%). Meanwhile, Malaysia, Brunei, the Philippines, and Singapore face lower rates ranging from 10% to 24%.

At the panel discussion (Photo: VNA)

Indonesia seeks urban infrastructure to combat flooding

Indonesia, with over 17,000 islands, is among the countries most vulnerable to rising sea levels, storms, flooding and seismic activity. Jakarta, in particular, is experiencing severe land subsidence — with some areas sinking by as much as 25 centimetres per year — which, coupled with tidal surges, has led to increasingly frequent and severe flooding.

Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz (Photo: Bernama)

Malaysia to hold second round of trade talks with US

Malaysia has expressed its readiness to negotiate in four key areas: addressing the US’s reported 24.8 billion USD trade deficit with Malaysia, removing non-tariff barriers, strengthening protections for technology and national security, and exploring the possibility of a bilateral trade agreement.