April
24
Singapore employers expect slower job growth
Posted in News on April 24th, 2008 by Justin Ng
SINGAPORE: Employers in Singapore are bracing for a slower job market growth this year, according to the Singapore National Employers’ Federation (SNEF).
Its president, Stephen Lee, said that job growth this year will moderate to about 3 to 4 percent, compared to the 7.7 percent registered in 2007.
Speaking to Channel NewsAsia ahead of Labour Day, Mr Lee also expects demand for higher wages to grow because of inflation.
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