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     Recruitment - Job Market Surveys

       Job Market Surveys

 

Singapore Labour Market 3rd quarter 2007

Total employment expanded by 58,600 in Q3 07, up substantially from the increase of 43,000 in Q3 06, making it the second highest quarterly increase after the 64,400 recorded in Q2 07...
1,827 workers were retrenched in Q3 07, an improvement from 2,472 in Q3 06 and 1,918 in Q2 07[2]. This brings the total number retrenched in the first nine months of 2007 to 5,709, much lower than 9,388 in the same period last year...

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Singapore Workforce 2007

The continued tightening of the labour market this year has also led to significant gains in income and a reduction in the number and share of low wage workers...
Excluding the extreme age bands, the employment rate for those aged 25 to 64 edged up to a new record of 76.5% from 75.5% a year ago. Supported by efforts to improve employability of older workers, the employment rate of older residents aged 55 to 64 rose by 2.5%-points over the year to 56.2% in June 2007..

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Singapore Labour Market 2nd quarter 2007

Total employment grew by an all-time quarterly high of 64,400 in Q2 07, surpassing the increase of 49,400 in Q1 07 and 36,400 in Q2 06. This brought employment growth in the first half of 2007 to 113,800, compared with 81,500 in the same period last year.
With the robust employment gains, the seasonally adjusted overall unemployment rate declined significantly to 2.3% in Jun 07 from 2.9% in Mar 07. The resident1 unemployment rate also fell to 3.1% from 4.0% over the same period. An estimated 76,100 (or 60,200 after seasonal adjustment) residents were unemployed in Jun 07...

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Employment situation in 2nd Quarter 2007

"Preliminary estimates show that total employment grew by a record quarterly high of 61,900 in the second quarter of 2007, as the economy continued its strong growth...

"Employment grew in all the major sectors, led by services which added 33,600 workers. Manufacturing posted gains of 16,600, higher than earlier quarters..."

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Report on labour force in Singapore in 2006

"76% of the resident population aged 25 to 64 were employed, the highest since the data was first compiled in 1991, up from 73% in 1996...
"12% or 172,000 of resident employees were engaged on term contracts in June 2006 while the remaining 88% were permanent employees3. On average, employees on term contract drew lower pay than those on permanent appointments...
"The share of degree holders almost doubled to 23% from 12% a decade ago..."

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Conditions of Employment 2006

"The 5-day workweek is the norm, with higher share of employees now on this arrangement than two years ago. Close to two in five (40%) full-time employees in the private sector worked 5 days a week in 2006, up from 34% two years ago.
"Lagging significantly behind, were the 5½-day (15%), 6-day workweek (16%), and shift work (17%) each accounting for less than one in five employees in 2006..."

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     - Employment situation in 3rd Quarter 2006

     - Singapore Labour Market Report for 2nd Quarter 2006

     - Report on Wages in Singapore 2005

     - Singapore Labour Market 2005

     - Singapore Labour Market Report - 1st Quarter 2005

     - Employment Situation in 1st Quarter 2005

     - Conditions of Employment 2004

     - Hudson Report: sustained high employment outlook in Quarter 2

     - The Job Market  Find out about graduates' employment statistics in 1999.

     - Manpower Ministry's Labour Market 1999 Report