Unemployment Rate In Singapore Might Double Soon

Singapore’s overall unemployment rate averaged 2.3 percent in 2008, up from 2.1 percent in 2007. The country aims to keep its unemployment rate below 5.2 percent in 2009

Official: Singapore’s unemployment rate likely to rise in Q1

Todays, 13th April 2009 Singapore Expat News come from “news.xinhuanet.com“.

According to TV broadcaster Channelnewsasia, the minister said that Singapore must prepare for another few quarters of downturn, and it is important now to focus on managing the downturn and managing costs so that more jobs can be saved.

Article: Official: Singapore’s unemployment rate likely to rise in Q1 (Read It Here)

Comment: Singapore to keep unemployment below 5.2% (Read It Here)

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