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Retrenchments rose to 4,800 in Q3 2026; hits near six-year high

CNA Review 14 days ago

Description

Retrenchments in Singapore has hit a nearly six-year high in the third quarter of this year. According to the Manpower Ministry's latest report, the labour market continued to grow with total employment extending its streak of quarterly gains. For more analysis on what's happening on the ground, we were joined by Kok Ping Soon, CEO of the Singapore Business Federation.