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Singapores Unemployment
Unemployment Rate in Singapore decreased to 1.80 percent in the third quarter of 2013 from 2.10 percent in the second quarter of 2013. Unemployment Rate in Singapore is reported by the Ministry of Manpower Singapore. Unemployment Rate in Singapore averaged 2.51 Percent from 1986 until 2013, reaching an all time high of 6 Percent in the first quarter of 1986 and a record low of 1.40 Percent in the second quarter of 1990. In Singapore, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page contains - Singapore Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Long-term unemployment increased to 0.6 percent of the resident labour force, up from 0.4 percent a year ago. Nevertheless, the long-term unemployment rate remained lower than the last recessionary high (0.9 percent) in September of 2009.

Total employment rose by 33,100 in the third quarter of 2013, slightly below the gains of 33,700 in the previous quarter but higher than the 26,200 in the third quarter of 2012. This brought total employment to 3,453,300 in September of 2013, 4.2 percent higher than a year ago.

2,710 workers were made redundant in the third quarter of 2013, lower than the 3,080 workers in the preceding quarter and 2,850 in the third quarter of 2012.

There were more job openings in September 2013. Seasonally adjusted job vacancies rose over the quarter by 5.9 percent, after declining 5.1 percent in June 2013. With more openings but fewer job seekers, the seasonally adjusted ratio of job vacancies to unemployed persons rose to 1.41 in September of 2013, following a decline from 1.21 in March of 2013 to 1.12 in June of 2013.

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