, Singapore

Singapore's skilled job creation feared to slide as labour restrictions bite

New skilled jobs seen to fall 25-35%.

According to a report by Reuters, Singapore's main economic planning agency expects the number of new skilled jobs created in 2014 to fall by 25-35 percent, a sign that the government's efforts to curb the number of foreign workers and focus instead on boosting productivity are starting to make an impact.

Singapore expects to create 14,000 to 16,000 new skilled jobs in 2014, down from 21,400 in 2013, its Economic Development Board (EDB) said on Tuesday.

Read full report here.

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