Singapore's jobless rate rose sharply in the second quarter to a new decade-high of 2.9%, provisional data showed on Wednesday, as the Covid-19 pandemic saw employment shrink in the services and construction sector.
The overall unemployment rate climbed from 2.
4% in the first quarter, moving within sight of a 3.4% peak hit during the global financial crisis of 2009.
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Retrenchments were much higher between April and June at 6,700, compared.....