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The following list of countries by labour productivity ranks countries by their workforce productivity. ... Singapore: 73.8 2023
1.3 Net average monthly salary (adjusted for living costs in PPP) 2 Asian countries by monthly average wage. ... Singapore: S$7,294 [103] S$5,745 [104] 0.749 [105 ...
Singapore’s local labour force growth could stagnate in the next decade because of an ageing population, lower birth rates, relatively high labour force participation rate and low employment ...
Singapore's union clusters representing various sectors are working alongside their respective tripartite partners, which include industry players and government officials, to design Progressive Wage Models tailored to meet the needs of each sub-sector.
As of November 2022, unemployment rate is 1.9 per cent with Singapore resident unemployment rate at 2.8 and Singapore citizen unemployment rate at 2.9 percent. [10] The long-term unemployment rate for Singapore residents was 0.8 per cent as of March in 2017, up from 0.7 per cent a year earlier. [11]
The employment cost index (ECI), the broadest measure of labor costs, gained 0.9% last quarter after rising 0.8% in the third quarter, the Labor Department's Bureau of Labor Statistics said on Friday.
In Singapore, May Day (or Labour Day) is celebrated on 1 May each year as a mark of solidarity amongst workers. The celebration of May Day as a public holiday began only in 1960 after the People's Action Party (PAP) came into power.
The National Trades Union Congress (NTUC), also known as the Singapore National Trades Union Congress (SNTUC) internationally, is the sole national trade union centre in Singapore. NTUC leads the labour movement of Singapore , comprising 59 affiliated trade unions, 5 affiliated trade associations, 6 social enterprises, 6 related organisations ...