Employment in Singapore expanded at a slower pace in the first quarter of 2022 than in the fourth quarter of 2021, according to final figures released by the Ministry of Labor.
Total employment, excluding migrant domestic workers, increased by 42,000 in the first quarter, compared with an increase of 47,900 in the fourth quarter.
Most of the increase in the first quarter came from non-residents, who increased by 36,000 as border restrictions were gradually lifted and employers filled jobs that depended more on migrant workers.
With the significant easing of border restrictions since April, non-resident labor flows are expected to recover, which will reduce labor shortages in the coming months.
At the same time, the government will continue to support businesses to boost local recruitment and seek some change to stay competitive.
Meanwhile, the unemployment rate for citizens fell to 3.1% in April from 3.2% in March, and remained stable at pre-pandemic levels of 3% for residents and 2.2% for the total workforce. in April compared to the previous month.
Source: Capital
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