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Singapore's Q2 Jobless Rate Unchanged

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Singapore's seasonally adjusted jobless rate stood at 3.3% in the second quarter, unchanged from the first quarter, a preliminary report by the Ministry of Manpower said Friday. Economists expected the rate to be 3.7%.

The jobless rate of the residents decreased to 4.6% from 4.8% in the preceding quarter. During the quarter, there were 91,800 unemployed residents, down from 95,700 in the first quarter.

(Market News Provided by RTTNews)

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