Key Insight

Singapore's unemployment rate for citizens fluctuated between 1.5% and 6.2% from 1992 to 2016, with a noticeable peak around the 1998 Asian financial crisis and a general downward trend after 2001. While the seasonally adjusted rate provides a smoother picture, the non-seasonally adjusted rate reveals sharper increases and decreases reflecting seasonal variations in employment.  Overall, the data shows the resilience of the Singaporean job market, recovering from economic downturns and maintaining relatively low unemployment.

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Small Interesting Points of Note

The largest peak in unemployment was observed in 1998, exceeding 5%. The data shows a cyclical pattern with unemployment generally higher during the second and fourth quarters.

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Methodology

• The provided JSON data was parsed and unemployment rates were extracted.
• Both seasonally and non-seasonally adjusted unemployment rates were analyzed separately.
• Minimum, maximum, and general trends were observed across the entire time series.
• The data points were observed to see where the fluctuations happened and to observe the pattern of unemployment in Singapore.

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Footnotes

The data only includes unemployment rate for citizens.  No information on other residential statuses are present. The analysis is limited by the availability of data only up to 2016.