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Singapore's Employment Dynamics in 2023
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Singapore's employment grew by 8,400 in Q4 2023, with a stable unemployment rate and a decrease in retrenchments. Business expectations for hiring remain unchanged, but potential global economic risks are anticipated for 2024.
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How do global economic risks influence the employment dynamics in Singapore and globally?
How might the decrease in retrenchments and the stable unemployment rate impact Singapore's economy?
What strategies could Singapore employ to mitigate potential economic risks and address the anticipated retrenchments?
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