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Feature Articles

Employment Trends During Recession : A Comparison From Peak to Trough

19 February 2010

This article has been migrated from an earlier version of the site and may display formatting inconsistencies.

Over the last three decades, Singapore has experienced four periods of economic downturn during which employment saw a sustained decline. These were the 1984/1985 recession, the 1998 recession arising from the Asian Financial Crisis, the 2001 recession due to the dot.com bust, as well as the recent recession in 2008/2009 caused by the Global Financial Crisis. This box article reviews the employment trends during the 2008/2009 recession in comparison with the trends observed during previous recessions.1

Download for the full article [PDF, 220 KB].

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