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Singapore's unemployment rate up marginally in Q2

Xinhua, July 30, 2015 Adjust font size:

Singapore's unemployment rate edged up slightly to 2 percent in the second quarter after trending downwards for the past four quarters, the Ministry of Manpower (MoM) said on Thursday.

Preliminary estimates showed that the overall unemployment rate edged up from 1.8 percent in March to 2.0 percent in June. Among residents, unemployment rose to 2.8 percent while for citizens, unemployment rose to 2.9 percent, similar to the situation a year ago.

Overall employment grew by 15,700 in the second quarter, supported by increases in construction and services. However, taken as a whole, employment growth in the first half of this year has moderated compared to a year ago, MoM said.

There were 3,633,500 employed persons in June 2015, while 3,100 workers laid off compared with 3,500 in the previous quarter, the ministry said. Endi