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Weekly Wrap Up: Singapore retrenchments saw an increase in 3Q2023, should we be worried?

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Finalised Ministry of Manpower (MOM) data for the third quarter of 2023 has shown that the number of job vacancies was at 78,400 in September. The data also revealed that Singapore retrenchments numbers saw an increase in 3Q2023. 

As we embark into a new year, will Singapore’s job market continue to cool?

Song Seng Wun, Economic Consultant, CGS CIMB Securities shares his views. 

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