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Table 1: Employment
(In Thousands)
|
Employment Change
(Compared to preceding period)
|
Employment Level as at Dec 04 p
|
|
Annual |
Quarter |
|
2003 |
2004 p |
4Q 03 |
1Q 04 |
2Q 04 |
3Q 04 |
4Q 04p |
|
Total |
-12.9 |
66.2 |
16.2 |
13.7 |
10.9 |
14.1 |
27.5 |
2,201.3 |
|
Manufacturing |
-4.9 |
26.7 |
4.1 |
6.1 |
6.4 |
8.5 |
5.7 |
446.7 |
|
Construction |
-17.5 |
-9.1 |
-2.0 |
-3.6 |
-2.7 |
-1.7 |
-1.0 |
226.3 |
|
Services |
8.0 |
49.9 |
12.0 |
11.4 |
8.0 |
7.1 |
23.3 |
1,516.4 |
|
Others* |
1.5 |
-1.3 |
2.1 |
-0.2 |
-0.7 |
0.1 |
-0.5 |
11.9 |
P: Preliminary estimates
*: Includes agriculture, fishing, quarrying
and utilities.
Data may not add up to the total due to
rounding.
Table 2: Retrenchment
|
Annual |
Quarter |
|
2003 |
2004P |
4Q 03 |
1Q 04 |
2Q 04 |
3Q 04 |
4Q 04P |
|
Total |
16,400 |
9,900 |
2,784 |
2,962 |
2,055 |
1,967 |
2,900 |
|
Manufacturing |
7,352 |
4,400 |
1,276 |
1,549 |
750 |
767 |
1,300 |
|
Construction |
657 |
400 |
112 |
82 |
187 |
58 |
100 |
|
Services |
8,114 |
4,900 |
1,356 |
1,205 |
1,102 |
1,060 |
1,500 |
|
Others* |
277 |
200 |
40 |
126 |
16 |
82 |
- |
P: Preliminary estimates
-: negligible
*: Includes agriculture, fishing, quarrying
and utilities.
Data on retrenchment pertain to private
sector establishments each with at least 25 employees.
Table 3: Unemployment Rate
|
Dec 03 |
Mar 04 |
Jun 04 |
Sep 04 |
Dec 04p |
|
Seasonally Adjusted |
|
Overall (%) |
4.6 |
4.5 |
4.3 |
3.6 |
3.7 |
|
Resident (%) |
5.0 |
5.2 |
5.0 |
3.9 |
4.0 |
|
Non-Seasonally Adjusted
|
|
Overall (%) |
4.9 |
3.8 |
5.3 |
3.1 |
3.9 |
|
Resident (%) |
5.5 |
4.3 |
5.9 |
3.5 |
4.3 |
P: Preliminary estimates
Notes:
The seasonally adjusted unemployment rate
time series has been revised using the latest set of seasonal
factors updated in line with standard seasonal adjustment
procedure. The revision is done annually at the start of the
year, taking into account observations for the latest available
year. Arising from this, September 04 seasonally adjusted
overall unemployment rate has been revised from 3.4% to 3.6%.
Explanatory Notes:
Employment
Source
Administrative records of the Central
Provident Fund (CPF) Board and the Work Pass Division, Ministry
of Manpower. The self-employed component is estimated from the
Labour Force Survey.
Coverage
The employment statistics covers all persons
in employment i.e. employees and the self–employed. It excludes
males who are serving their 2-year full-time national service
liability in the Singapore Armed Forces, Police and Civil
Defence Forces.
Concepts and Definitions
Employment change
refers to the difference in
the employment level at the end of the reference period compared
with the end of the preceding period.
Uses and Limitations
This data series allows the user to identify
individual industries where employment is growing or stagnating.
An analysis of the data over time also helps in understanding
the impact of economic cyclical and structural changes on the
demand for workers. Detailed data are published in the quarterly
Labour Market Report.
The change in employment over time is the net
result of increases and decreases in employment i.e. net of
inflows and outflows of workers. Users should not mistake an
increase in employment as gross job creation.
Unemployment
Source
Labour Force Survey
Coverage
The survey covers the population living in
private households on the main island of Singapore. It excludes
construction workers living in worksites; persons commuting
daily from abroad to work in Singapore; persons living in
dormitories or workers’ quarters at the workplace; persons
living in institutional households; and persons on board ships
and boats.
Concepts and Definitions
Unemployed Persons
refer to persons aged 15 years
and over who were without work during the survey reference
period but were available for work and were actively looking for
a job. They include persons who were not working but were taking
steps to start their own business or taking up a new job after
the reference period.
Source
Labour Force Survey
Coverage
The survey covers the population living in
private households on the main island of Singapore. It excludes
construction workers living in worksites; persons commuting
daily from abroad to work in Singapore; persons living in
dormitories or workers’ quarters at the workplace; persons
living in institutional households; and persons on board ships
and boats.
Concepts and Definitions
Unemployed Persons
refer to persons aged 15 years
and over who were without work during the survey reference
period but were available for work and were actively looking for
a job. They include persons who were not working but were taking
steps to start their own business or taking up a new job after
the reference period.
Retrenchment
Source
Labour Market Survey
Coverage
The survey covers private sector
establishments each with at least 25 employees.
Concepts and Definitions
Retrenchment
refers to the termination of
employment of a permanent employee due to redundancy.
Uses and Limitations
Data on retrenchment are useful in the
analysis of re-structuring or ailing industries. Detailed data
are published in the quarterly
Labour Market Report.
The number of persons retrenched (flow)
should not be confused with persons unemployed (stock). Not all
persons retrenched will be unemployed as some will be
re-employed or decide to leave the workforce. Similarly, the
pool of unemployed persons comes not only from
retrenchments, but also from new entrants to the labour force
such as school leavers and the economically inactive who decide
to re-join the workforce.
Source:
Ministry of Manpower Press
Release 31 Jan 2005
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