Businesses expected to be more cautious in hiring and wage plans: MOM report
Businesses are expected to be more cautious in their hiring and wage plans, according to the Manpower Ministry’s latest report. It adds that the labour market is expected to remain tight in the coming months, even as employment growth in the first quarter moderated. CNA speaks to Associate Professor Guan Chong, Director of SUSS Academy at the Singapore University of Social Sciences.
Businesses are expected to be more cautious in their hiring and wage plans, according to the Manpower Ministry’s latest report. It adds that the labour market is expected to remain tight in the coming months, even as employment growth in the first quarter moderated. CNA speaks to Associate Professor Guan Chong, Director of SUSS Academy at the Singapore University of Social Sciences.