Singapore Budget debate: Resident employment rebounds to above pre-Covid-19 level, says Josephine Teo

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(The Straits Times)

Unemployment rates continued to drop in January as the economy recovers, and resident employment has rebounded to slightly above pre-pandemic levels, said Manpower Minister Josephine Teo on Wednesday (March 3).

A report by the Ministry of Manpower on the same day revealed that the overall unemployment rate fell to 3.2 per cent in January, down from 3.3 per cent in December last year.

Resident unemployment, which refers to Singapore citizens and permanent residents, declined to 4.3 per cent, from 4.4 per cent in the preceding month.

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