Based on Manpower Research and Statistics Department’s (MRSD) report, unemployment rates in April 2021 for residents and citizens declined marginally by 0.1%-point to 3.9% and 4.1% respectively, compared to March 2021.
Singapore’s labour market continues to recover from the impact of the pandemic in Q1 2021 Details Published: 29 April 2021
Notably, total employment has grown for the first time, unemployment rates continue its downward trend and we see retrenchment numbers falling to 2,100 in Q1 2021.
Advance estimates on Singapore s employment, unemployment and retrenchments noted that for the first time since 4Q 2019, total employment saw modest expansion in 1Q 2021. The number of retrenchments declined to a level usually observed in 2018 and 2019. The unemployment situation continued to ease in March 2021, although unemployment rates remained elevated.
This was identified in the
We have highlighted the following trends from Singapore s labour market.
Based on MOM s latest Job Vacancies 2020 report, here s your guide on roles that were most in-demand last year, which may be easier or harder to attract in 2021, as well as how to better plan your talent attraction and recruitment strategies for the year.
4 in 10 vacancies last year were for jobs that can be done remotely: MOM report Toggle share menu
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09 Apr 2021 06:40PM) Share this content
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SINGAPORE: About four in 10 job vacancies in 2020 were related to work that could be done remotely and these were mainly PMET jobs, said a Ministry of Manpower report released on Friday (Apr 9).
This is the first time the figure is being tracked in the annual Job Vacancies Report, which analyses the type of job openings in Singapore and the jobs that are in demand.
Retrenchments in Singapore declined in Q4 2020, following 5 straight quarters of increases Details Published: 17 March 2021
Despite an increase in retrenchments through 2020, after taking into account the increase in workforce size over the years, the incidence of retrenchment remained lower than all the past recessionary years.
Singapore saw a decline in retrenchments in Q4 2020, the first decline to be recorded in five quarters. In particular, there were 5,640 retrenchments made in Q4, about 4,000 less than what was recorded in Q3 (9,120).
According to the Ministry of Manpower (MOM) s
Labour Market Report Fourth Quarter 2020, released by the Manpower Research and Statistics Department on Tuesday (16 March 2021), fewer retrenchments were recorded in most industries, except in air transport & supporting services, which was still affected by global travel restrictions.