Salary.sg Forums - Reply to Topic
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs > 65,400 Jobless in September, will be Significantly More

Income and Jobs Discuss jobs, career options and of course salaries




Salary.sg Forums

Thread: 65,400 Jobless in September, will be Significantly More Reply to Thread
Your Username: Click here to log in
Human Verification To prove you are a human and not a computer program that spams, please check the box below and answer any further questions if prompted.

Title:
  
Message:
Post Icons
You may choose an icon for your message from the following list:
 

Additional Options
Miscellaneous Options

Topic Review (Newest First)
16-01-2009 05:38 PM
Salary.sg
65,400 Jobless in September, will be Significantly More

The resident unemployment rate stood at 3.3% last September, according to MOM's press release.

With 65,400 residents unemployed, the jobless rate is the highest since the 3.8% registered in March last year.

It seems MOM is still compiling the statistics for the fourth quarter - why is it taking so long when Hong Kong and Australia could already say their unemployment figures are 4% and 4.5% respectively?

But MOM did say "retrenchments in the fourth quarter reported to MOM and NTUC had risen significantly" and that "unemployment and retrenchment in 2009 are expected to be substantially higher than in 2008."

Will our jobless rate surpass the 6.2% recorded in September 2003 during the SARS period? At that time, more than 100,000 residents were unemployed.

References: MOM press release on NWC revised guidelines and MOM's unemployment statistics

http://www.salary.sg/2009/65400-jobl...ficantly-more/

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off




All times are GMT +8. The time now is 05:10 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2