Business

askST: The Ministry of Manpower has been releasing quarterly data on the labour market and weekly jobs situation reports. How can job seekers and employers use these to their advantage?

Posted on Comments Off on askST: The Ministry of Manpower has been releasing quarterly data on the labour market and weekly jobs situation reports. How can job seekers and employers use these to their advantage?

A: You can get an overview of the labour market’s performance through the labour market reports.

They contain indicators such as unemployment rates, retrenchments, the ratio of job vacancies to unemployed people, and the rate of re-entry into employment within six months of being retrenched.

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