Powered by

Bulk of retrenched residents in Q1 are PMETs : Experts say they will bear the brunt as the employment outlook worsens

Jun 14, 2019 - The Straits Times (Singapore)

Professionals, managers, executives and technicians (PMETs) continued to make up the majority of retrenched residents in the first three months of this year, and will bear the brunt as the employment outlook worsens, say experts.

Close to 70 per cent of retrenched residents were PMETs, as they form a higher share of the workforce and were more prone to such job losses, the Ministry of Manpower (MOM) said in its labour market report yesterday.

This remains higher than the share of P...