Singapore unemployment rate rises to 16-year high1 min read . Updated: 30 Oct 2020, 01:42 PM IST
- The Monetary Authority of Singapore said earlier this week that the city-state’s recovery will likely be 'gradual and uneven' and that the labour market is expected to 'only expand gradually' next year
Singapore’s overall unemployment rate in the third quarter rose to 3.6%, the highest since 2004, reflecting the sustained challenges to its economy from the coronavirus pandemic.
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