The proportion of retrenched Singaporeans and permanent residents who found a new job within six months hit 71.5 per cent in the first quarter, a high last seen in 2015. This is up from 66.8 per cent in the fourth quarter of last year.
Trends were mixed by age, education and occupation, MOM said in its first-quarter labour market report released yesterday.
The improvement was largely observed among middle-aged workers in their 40s and 50s, those working in production and related roles, and those with qualifications lower than secondary school.
For instance, eight in 10 retrenched production and transport operators, cleaners and labourers found work within six months in the first quarter, up from under seven in 10 in the previous quarter.
This story is from the June 18, 2022 edition of The Straits Times.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the June 18, 2022 edition of The Straits Times.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
FURIOUS FURY BLOODIED IN SAUDI
Tyson’s father hurt after headbutting Usyk’s team member ahead of heavyweight bout
Celtics 'figure' a way out against depleted Cavs
The Boston Celtics were not \"perfect\" but they still fought off the short-handed Cleveland Cavaliers to take a stranglehold in their National Basketball Association (NBA) semi-final play-offs on May 13, as the Oklahoma City Thunder levelled their series with the Dallas Mavericks.
COMING UP BIG FOR NYJC
Renfred plays no small role as Nanyang beat HCI to retain boys’ A Div volleyball crown
UNBEATEN PACIFIC VAMPIRE UNVEILS SCARY WARNING
Trainer Ong’s latest find leaves nothing to imagination, baring fangs in dazzling hitout
Nearly 2 in 3 Singapore workers ready to relocate abroad
Survey shows 72% of them are professionals below age 30; Australia most popular location
Life insurance sales in Singapore surge 32.2% to $1.37 billion in Ql
It is the industry’s strongest performance since 2020; LIA says outlook remains bright
GameStop shares soar on resurfacing of Roaring Kitty’
Post by Keith Gill, who drove meme-stock mania of 2021, attracts more than 12m views
Fraud concerns raise red flags for India’s booming tiny IPOs
A string of accounting frauds unearthed by India's securities regulator in May poses another risk to the blistering rally in shares of tiny businesses.
Retail traders sitting out Bitcoin rally
Latest revival more an institutional affair propelled by birth of Bitcoin ETFs in the US
Man with most number of charges forfeits 180 million in assets seize
Vang Shuiming jailed after pleading guilty; he will be deported after serving sentence