The Black Swan: Assessing Labour Market Dynamics in Singapore

Singapore’s Ministry of Trade and Industry has provided forecasts of -5% to -7% for the nation’s real GDP growth in 2020. Looking at the worst-case scenario of a 7% contraction this year, what can we learn of Singapore’s labour market dynamics, and what can be done to improve resiliency?   To put this forecast into perspective, the last time Singapore faced a […]

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