More locals employed, income growth strengthened, says MOM

Total employment in Singapore grew by an estimated 134,900 over 2013, up from the 129,100 in 2012, according to preliminary figures released by the Manpower Ministry on Wednesday. -- ST FILE PHOTO: JOYCE FANG 
Total employment in Singapore grew by an estimated 134,900 over 2013, up from the 129,100 in 2012, according to preliminary figures released by the Manpower Ministry on Wednesday. -- ST FILE PHOTO: JOYCE FANG 

Total employment in Singapore grew by an estimated 134,900 over 2013, up from the 129,100 in 2012, according to preliminary figures released by the Manpower Ministry on Wednesday.

More locals found jobs, while curbs on foreign manpower continued to moderate the growth of the foreign workforce. Local employment growth during the year was 81,600, up from 58,700 in 2012. Growth in employment of foreigners slowed to 53,300 from 70,400 in 2012.

The report noted that in December, locals made up 66.2 per cent of persons employed here, with foreigners (excluding foreign domestic workers) accounting for 33.8 per cent.

Quarterly figures show that unemployment rates in December were unchanged from the previous quarter at 1.8 per cent overall and 2.8 per cent for citizens. However, the resident unemployment rate went up slightly from 2.6 per cent in September to 2.7 per cent in December.

The number of laid off workers also increased slightly, from 11,010 in 2012 to 11,400 in 2013 .

Meanwhile, median monthly incomes for full-time employed citizens grew 4.6 per cent over June 2012 to 2013 in real terms, up from 1.2 per cent for the previous 12 months. This was due to lower inflation.

The median monthly income in money terms for citizens had increased by 7.1 per cent to $3,480 over the preceding 12 months to June 2013. This included employer CPF contributions and excluded inflation, said the report. The figure was up from gains of 5.8 per cent in the preceding year.

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