Retrenchments in Singapore declined in Q4 2020, following 5 straight quarters of increases Details Published: 17 March 2021
Despite an increase in retrenchments through 2020, after taking into account the increase in workforce size over the years, the incidence of retrenchment remained lower than all the past recessionary years.
Singapore saw a decline in retrenchments in Q4 2020, the first decline to be recorded in five quarters. In particular, there were 5,640 retrenchments made in Q4, about 4,000 less than what was recorded in Q3 (9,120).
According to the Ministry of Manpower (MOM) s
Labour Market Report Fourth Quarter 2020, released by the Manpower Research and Statistics Department on Tuesday (16 March 2021), fewer retrenchments were recorded in most industries, except in air transport & supporting services, which was still affected by global travel restrictions.
The Globe and Mail Michael Mackenzie Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer
Brian Snyder/Reuters
When the bond market starts pushing interest rates higher, equity investors look for a silver lining. One is the financial sector.
Global 10-year interest rates are rising on stronger growth forecasts, putting pressure on expensive areas of equity markets such as technology. Higher rates reduce the value of the future cash flows of such sectors. However, financials have a history of outperformance in such an environment.
rein. let me finish. steve, we understand you think she sucks. let me finish. profits did not. she flat lined. she was also seen as a very divisive figure inside the board room so they got rid of her. now, she made a deal with compaq. it brought in the revenue but not the profits. if anybody thinks republicans voters are going to go into a voting booth figuring out profits margins of a compaq deal versus how much money she brought into the company in the middle of a dot-com bust isn t this what mitt romney went through? the best measure in a way of all the different factors you re talk about is what happened to the stock price. the stock price declined. the thing that barbara boxer got
i often take a position, michael, like you, i want each candidate to try to help formulate their own positions in the best way they can to avoid the personal invective in the social behavior we sometimes see in these silly seasons. but no, i don t work for them. let me show what you carly fiorina wrote for cnn.com. she said hewlett-packard not only survived the dot-com bust, we also became the leader in every market segment and product category in which we completed. we doubled revenue to over $80 billion. we quadrupled the growth rate to 6.5%. that sounds impressive? everything in that statement, that short passage, is exactly why she shouldn t be president of the united states. and why she was a disaster as
the personal invective in the some of the kind of anti-social behavior we sometimes see in this silly season. but no, i don t work for them. let me show what you carly fiorina wrote for cnn.com. just last month, august 13th. she said hewlett-packard not only survived the dot-com bust, we also became the leader in every market segment and product category in which we competed. we doubled revenue to over $80 billion. we quadrupled the growth rate to 6.5%. we triple innovation to produce an average of 15 patents a day. that sure does sound impressive. michael i feel like the proverbial mosquito in the nudist colony, i hardly know where to strike first. everything in that statement, that short passage, is exactly why she shouldn t be president of the united states. and why she was a disaster as the ceo of hewlett-packard. she doubled the revenues by $80 billion. she doubled revenues, that s not what business is about. you re trying to increase