Singapore’s job market at 17-year low

The Singapore Manpower Ministry came out with some truly grim news today. t makes me feel like I am back in Hong Kong 18 months ago when the economy was in a freefall.

The ministry said the total number of available jobs contracted by 25,963 compared to the previous quarter — the ‘steepest decline on record since the mid-80s recession.’

It said the job market is not expected to improve this year as the amount of new job openings will not be enough to absorb the number of people entering the work force.

I am seeing red flags all over the place and I’m not happy about it. I am hoping that much of the new bad news is due to SARS and therefore temporary. But there’s no denying that anxieties over the country’s economic future are very high indeed.

The Discussion: 3 Comments

hi sir,
my real name is Rehan from Pakistan .i have done 1 year I.T and hardware and also networking courses.i search ur webside in net.
therefore i resquest u for job .
thanks .
i will wait ur responds.

June 25, 2004 @ 1:21 am | Comment

Please don’t wait — I am looking for work myself. You might be waiting a very long time.

June 25, 2004 @ 9:34 am | Comment

hi,I am a Chinese girl.I am a job seeker.I work in shanghai rightnow.I hope to get more information about Singapore.

July 16, 2004 @ 1:37 am | Comment

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