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Singapore's jobless rate remains low

Staff writer |
Singapore's unemployment rate in the first quarter remained low, showing that the labor market continues to be tight, the Ministry of Manpower said in a report.

The seasonally adjusted overall jobless rate was 2 percent in March this year, up from 1.8 percent in December, according to the labor market report.

The jobless rate among the residents also climbed from 2.7 percent to 2.9 percent, while the jobless rate among the citizens went up to 3 percent from 2.8 percent.

However, the report said that it could reflect increased job search activity as more residents, especially the less educated, were encouraged to enter the labour force, given more job openings and an increase in wages that came with the tightening of foreign manpower controls.

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