Published:
Chart of the Day: Unemployment among younger residents edged up in Q1
20,000 people under 30 had no jobs.
Unemployment among people younger than 30 grew in the first quarter of the year, according to the Ministry of Manpower (MoM)'s Labour Market Report.
Around 20,000 residents under 30 were unemployed in the first quarter, while the overall unemployment rate for this age bracket inched up to 4.5% from 4.4% in the previous year.
Although unemployment among younger residents ticked up, close to half of 48% of unemployed residents were still older than 40. The MoM said that this reflects the country's ageing labour force.
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