Employment continued to rise in the third quarter but Singapore’s job market recovery showed signs of a “slowing momentum”, the Ministry of Manpower said on Friday, as retrenchments swung up and the unemployment rate climbed.

In advance estimates for the quarter, MOM said total employment – excluding migrant domestic workers – rose 75,600 from the previous quarter.

But there was a “slight uptick” in unemployment rates and an increase in retrenchments, though both indicators were still on a par with or below pre-Covid-19 levels.

In The Straits Times’ The Big Story, Multimedia Cheow Sue-Ann speaks with NTUC assistant secretary-general Patrick Tay to discuss these developments. 

Employment continued to rise in the third quarter but Singapore’s job market recovery showed signs of a “slowing momentum”, the Ministry of Manpower said on Friday, as retrenchments swung up and the unemployment rate climbed.
In advance estimates for the quarter, MOM said total employment – excluding migrant domestic workers – rose 75,600 from the previous quarter.
But there was a “slight uptick” in unemployment rates and an increase in retrenchments, though both indicators were still on a par with or below pre-Covid-19 levels. In The Straits Times’ The Big Story, Multimedia Cheow Sue-Ann speaks with NTUC assistant secretary-general Patrick Tay to discuss these developments.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.