[Sent by MOM - 30 April] Advance estimates from the Labour Ma | SG Ministry of Manpower

[Sent by MOM - 30 April]

Advance estimates from the Labour Market Advance Release published earlier today showed that the labour market continued to expand in 1Q 2024.

Main findings show:

Total employment growth in 1Q 2024 was wholly supported by an increase in resident employment
Unemployment rates remained low
Retrenchments declined for the second consecutive quarter

The Government calls on employers and workers to make full use of available programmes to remain competitive and resilient amidst economic uncertainty.

Read the latest Labour Market Advance Release: https://stats.mom.gov.sg/Pages/Labour-Market-Advance-Release-1Q-2024.aspx