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Friday, July 29, 2011

Singapore's unemployment up to 2.1% in second quarter

SINGAPORE'S unemployment crept up to 2.1 per cent in the second quarter of this year, from a three-year low of 1.9 per cent in the previous quarter.

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The Manpower Ministry, in releasing preliminary estimates, said the rise came as a result of slower job creation.

The Ministry estimates that 81,300 Singapore residents were unemployed as of June this year, up from 54,300 in March.

ORIGINAL SOURCE

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