Singapore Tripartism Forum

Ministry of ManpowerNational Trades Union CongressSingapore National Employers Federation
Font Size Small Font Medium Font Large Font
News & Updates

4 May 2012

Employment Situation for First Quarter 2012

 

The Ministry of Manpower (MOM) has released the "Employment Situation in First Quarter 2012" report.

 

Employment creation moderated slightly in the first quarter of 2012, though it remained fairly strong. Total unemployment rate has risen slightly from 2.0% in December 2011 to 2.1% in March 2012, amid the rise in layoffs in the earlier quarter which has since eased off in the first quarter this year. An estimated 2,700 workers were made redundant in the first quarter of 2012. This was lower than the 3,250 workers affected in the preceding quarter, but close to the 2,750 laid off in the first quarter of 2011.

 

For more details on the report, please visit MOM website via this <link>.

 

More News & Updates



Calendar of Events

STF Fair Employment Conference on

"Strengthening Fair and Responsible Employment - for Inclusive Growth in Challenging Times"

Resorts World Sentosa

Compass West Ballroom

18 April 2012

Read More Here

 

 

 

More Events

Latest Initiatives

Singapore Tripartism Forum (STF) Survey 2011

 

The tripartite partners is conducting a survey to gather employers' feedback and views on how STF can improve its various programmes to benefit the HR community. Moving forward, the STF partners would also like to find out what other STF programmes can be developed to help employers in Singapore.

We value your contributions and feedback.

 

To participate, please click <here>.

 


 

Tripartite Guidelines on Re-Employment of Older Employees Released

 

The finalised set of Tripartite Guidelines for Re-employment of Older Employees was announced by the Minister for Manpower Mr Gan Kim Yong at the Committee of Supply Debate on 11 March 2010. The Guidelines aim to help businesses and employees be re-employment ready, before re-employment legislation comes into force in early 2012.

 
Taking into account feedback received during public consultation from November to December 2009, two key refinements were made to the Guidelines:
 
Re-employment planning and consulation should commence at least 6 months before eligible employees reach age 62 (see paragraph 6 of Guidelines). 
 
Reference points provided for Employment Assistance Payment (EAP) (see paragraph 25 of Guidelines). 
 
You may read more on Re-employment of Older Employees via this link.
 
You may also find a copy of the Tripartite Guidelines on Re-Employment of Older Employees via this link.