US growth ‘downshifted’ amid labour, supply shortages, says Fed
WASHINGTON (AFP) – US economic growth “downshifted slightly” in July and August amid shortages of workers and materials, as well as concerns about the rise of the Delta variant of […]
S’pore’s total employment falls in Q2 but unemployment rates improve: MOM
SINGAPORE – The heightened Covid-19 restrictions in May and June to curb Covid-19 infections have taken a toll on Singapore’s labour market. The number of workers employed fell in the […]
S’pore’s labour market continues recovery into 1st quarter; total employment grows by 12,200
SINGAPORE – Singapore’s labour market continued its recovery in the first quarter, with total employment growing for the first time since the start of the Covid-19 pandemic. A report by […]
Fed members see inflation under control, but more express concern
WASHINGTON (AFP) – Most US central bankers viewed inflation as stable, but some are becoming more vocal about fears the Covid-19 pandemic will push prices higher, according to minutes of […]
US stocks decline after disappointing labour data
NEW YORK (AFP) – Wall Street stocks declined on Thursday (Feb 18) following disappointing US labour data and Walmart results as key players in the GameStop trading upheaval defended their […]
No swift recovery in 2021, but Singapore job market on the mend
SINGAPORE – Hopes for a better 2021 are aplenty, but recovery for the labour market is likely to be protracted, experts say. Although the latest quarterly labour market data released […]
US job growth stronger than expected in October
WASHINGTON • The US labour market improved in October by more than forecast, defying expectations for more subdued gains amid an intensifying Covid-19 pandemic and lack of additional fiscal relief. […]
Job recovery in S’pore likely slow and uneven despite immediate rebound in retail, F&B: MAS
SINGAPORE – The road to recovery for the labour market is likely to be slow and uneven, with resident unemployment rates taking a longer time to reach pre-crisis levels compared […]
From the gallery: Several options to refresh and strengthen the social compact
SINGAPORE – As Covid-19 continues to batter economies and decimate jobs, governments around the world are seeking to share the fruits of labour more widely, and ensure that their citizens […]