[Sent by MOM - 28 Apr] Advance estimates from the Labour Mark | SG Ministry of Manpower

[Sent by MOM - 28 Apr]

Advance estimates from the Labour Market Advance Release published earlier today show that the labour market continued to expand in the first quarter of 2023, albeit at a more moderated pace compared to the previous quarter. Key observations include:

Retrenchments rose for the third consecutive quarter

Unemployment rates stayed low

Hiring demand remained robust
 
Read the latest Labour Market Advance Release here: https://stats.mom.gov.sg/Pages/Labour-Market-Advance-Release-1Q-2023.aspx