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Singapore's total employment fell in the second quarter as Phase 2 (Heightened Alert) took a toll, though unemployment rates continued to improve, according to MOM.

SINGAPORE'S total employment fell in the second quarter as Phase 2 (Heightened Alert) took a toll, though unemployment rates continued to improve, according to the Ministry of Manpower's (MOM) advance release of Q2 labour market statistics on Friday.

Total employment had risen in Q1 after a year of declines in 2020, but fell again in Q2 by 15,700, as a slower rise in resident employment only partly offset a continued fall in non-resident employment.

MOM attributed the slower resident employment growth to declines in domestically-oriented sectors hit by Phase 2 (Heightened Alert) measures, such as food and beverage services and retail trade.

In contrast, resident employment continued to grow steadily in outward-oriented sectors such as information and communications; professional services; and community, social and personal services.

https://www.businesstimes.com.sg/governm...ment-rates

How is employment rate down but unemployment rate improve?