Salary.sg Forums - View Single Post - Why is our Resident Unemployment at 3.7%, higher than Overall Unemployment at 2.6%?
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Old 03-02-2009, 11:50 PM
Nobody--
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If my calculations are right, as of Dec 2008,

Total labour force = 2939900
(provided by below link)

Total resident force = 1975675
(number of resident unemployed / 3.7%)

Total non-resident force = 964225
(2939900 - 1975675)

Since the overall unemployment is 2.6%, it means

(resident unemployed + non-resident unemployed)/Total labour = 2.6%, plug in the figures above and you get

Number of non-resident unemployed = 3337
i.e. Non-resident unemployment = 0.35%

This is a shocking difference!!!!!!!! I suspect if we consider PR figures in the resident labour, the citizens unemployed rate is even higher.


http://www.mom.gov.sg/publish/mompor...mployment.html

http://www.mom.gov.sg/publish/mompor...our_force.html

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