Posts tagged with ‘employment’

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Finance Jobs in Asia going back to boom time?

September 2, 2009

HONG KONG — Marco Wong lost his job with Citigroup in Singapore in mid-January. During all the turmoil that engulfed the financial world last year, the cutbacks at the U.S. banking giant were neither unique nor surprising. Still, Mr. Wong says, Citigroup’s decision not to renew his contract shortly before it was due to end […]

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Singapore faces rising structural unemployment

September 2, 2009

Singapore faces the spectre of rising long-term structural unemployment as the economy recovers from the global financial crisis. Structural unemployment occurs when the skills of workers do not meet the needs of employers. With certain sectors such as manufacturing and electronics lagging behind, Singapore workers will have to be retrained to be employable in new […]