According to MOM's advance estimates, total employment — excluding migrant domestic workers — rose by 47,400 in the fourth quarter compared with 75,900 in the earlier quarter.
Resident employment also picked up over the quarter, amid hiring for year-end festivities in sectors such as retail and food and beverage services. This was largely driven by non-residents, following the easing of border controls in April 2022 and the backfilling of vacancies in sectors such as construction.Unemployment rates remained low in December 2022 — at 2 per cent overall — below pre-pandemic levels.
Retrenchments rose in the fourth quarter to 3,000, an increase from the previous quarter's figure of 1,300."Retrenchments in other sectors were stable," said MOM.
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