Posted on July 31, 2009 - by admin

Job losses double to 12,400

Job losses double to 12,400 By Sue-Ann Chia THE job market shows signs of improvement but for one surprise blip: The number of jobs wiped out between April and June this year has doubled to 12,400. ‘The most important message is to remind all of us that the worst is not yet over.’ With this increase, Singapore is facing for the first time a situation it last encountered in the 2003 recession: a drop in employment level for two quarters in a row. In all, Singapore lost 18,800 jobs in t

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Job losses double to 12,400