Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 161 Tue. November 02, 2004  
   
Business


S’pore jobless rate eases


Singapore's unemployment rate has fallen to its lowest level in five years on the back of strong economic growth in the first half of the year, the government said Monday.

Preliminary estimates showed the unemployment rate, when seasonally adjusted, declined to 3.4 percent at the end of the three months to September from 4.5 percent in the June quarter, the Manpower Ministry said.