Besides, the unemployment rate was unchanged at 4.5 percent in the second quarter as the economic expansion failed to accelerate the pace of job creation.
The economy added 10,400 jobs in the three months ended June, the Ministry of Manpower said, less than the 13,700 jobs created in the first quarter and 16,200 in the final quarter of last year.
"We must expect lower-skilled jobs to migrate to lower-cost countries," Goh said yesterday. "Older, less-educated workers will have to be retrained."
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