Singapore's employment rate hits new high

SINGAPORE'S employment grew by a strong 66,200 in 2004, more than recovering the job losses of 35,900 over the last three years, the Manpower Ministry said in a press statement on Monday.

The Ministry's preliminary estimates shows that the total number of persons employed rose to a new high of 2,201,300 as at December 2004.

Reflecting the strong employment creation, the year ended with a seasonally adjusted overall unemployment rate of 3.7 per cent in December 2004, significantly lower than 4.6 per cent a year ago.

The growth was achieved on the back of robust quarterly gains which peaked at 27,500 in the fourth quarter 2004.

hmmm... why do they keep stressing on the recovering economy and not the unemployment figures... which may be improving but still significant, rights??? heard that recruitment for teaching been really good... which happens when some pple have nothing else to turn to... haha... on a side-note I still dun understand how some of my friends who are really keen on teaching as a career keep missing it... :(