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Business Times·Singapore

Q3 retrenchments hit 4,800 as joblessness rises

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Q3 retrenchments hit 4,800 as joblessness rises

Singapore recorded 4,800 retrenchments in the third quarter, while unemployment among residents edged up to 3%, according to flash data. The Manpower Ministry said the figures point to emerging weaknesses in the labour market across Singapore.

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