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Singapore Unemployment Rises to 16-Year High

Singapore Population Drops for First Time Since 2003 on Economy
Photographer: Lauryn Ishak/Bloomberg

Singapore’s overall unemployment rate in the third quarter rose to 3.6%, the highest since 2004, reflecting the sustained challenges to its economy from the coronavirus pandemic.

A median 3.7% was forecast in a Bloomberg survey before the data Friday from the Ministry of Manpower.