Singapore average earnings fall, not unemployment

Average earnings fell while there was no drop in unemployment in the second quarter of this year, according to the Singapore labour market survey released by the Manpower Ministry today.

The seasonally adjusted unemployment rates remained unchanged at 2.2 per cent overall and 3.2 per cent for Singapore residents, said the report.

There were 84,400 unemployed residents in June 2010. About 16,500 of them have been out of work for more than six months.

Average nominal earnings fell from S$4,310 a month in January-March to S$3,819 a month in April-June.

Average real earnings fell from S$4,263 to S$3,733 as consumer prices rose. The consumer price index was up 3.1 per cent in the second quarter compared with the same period last year. (See the Singapore Statistics Department data here.)

Generally worst off were the 182,300 people in the hotels and restaurants business, with average nominal earnings of S$1,451 a month. See the tables below showing the average earnings and occupations of Singapore's three million working population.

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Singapore visitors soar: Majority Indonesians, Malaysians, Indians

Indonesia, Malaysia and India sent the largest number of visitors to Singapore in June, followed by Australia and China. The Singapore Tourism Board reported, as the number of visitors reached 950,000, the highest figure since last December and the highest ever for June:

Fourteen out of the 15 top markets registered positive year-on-year growth in June this year.

In June 2010, China ( up 65.8 per cent), Malaysia ( up 51.3 per cent), and Hong Kong (up 48.2 per cent) registered their highest growth out of the top 15 markets.

Visitors from India rose 6 per cent to 83,000.

Indonesia sent the most visitors: 214,000, up 34 per cent. Malaysia sent the second biggest contingent, 93,000; India, third; Australia, fourth, 75,000; and China, fifth, 69,000.

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