SUBSCRIBERS
Retrenchments hit 4.9 per 1,000 local employees in H1
Published Tue, Oct 6, 2020 · 09:50 PM
Singapore
THE incidence of local retrenchment in Singapore was 4.9 per 1,000 local employees (Singaporeans and permanent residents) in the first half of 2020, said Manpower Minister Josephine Teo in Parliament on Tuesday.
For senior workers aged 60 and above, the incidence of local retrenchment was 5.2 per 1,000 local employees. Half of the locals retrenched were women.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations
Fed’s preferred core inflation gauge rose at a brisk pace in March
Thames water crisis risks £100 billion UK investment plan
Indian central bank issues draft guidelines for web aggregators of loan products