Unemployment in Singapore
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National challenge created by AZNUR HAJAR Tuesday, August 18, 2015
This has been a school project at the Multimedia University, Malaysia.
Unemployment Rate in Singapore increased to 2 percent in the second quarter of 2015 from 1.81 percent in the first quarter of 2015. Unemployment Rate in Singapore averaged 2.48 percent from 1986 until 2015, reaching an all time high of 6 percent in the first quarter of 1986 and a record low of 1.40 percent in the second quarter of 1990. Unemployment Rate in Singapore is reported by the Ministry of Manpower Singapore.
In this case, Singapore government expects to maintain its lowest unemployment rate performance in 2015. However in the reality, the unemployment rate in Singapore start to rebound after 12 months. Therefore, Singapore government unlikely able to maintain its track record to maintain its lowest unemployment rate performance in 2015.
How can the Singapore government maintain the low unemployment rate of 2015?
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