Singapore employers report most optimistic hiring outlook since 2015: ManpowerGroup

SINGAPORE (Sept 11): Employers in Singapore continue to report stronger hiring intentions for 4Q18, according to data reported by workforce solutions company ManpowerGroup.

Based on findings from the latest ManpowerGroup Employment Outlook Survey, Net Employment Outlook (NEO) was +13% after accounting for seasonal variation. This marks the third consecutive quarters of strengthening hiring outlooks for Singapore, with employers reporting the most optimistic forecast since 2015.

NEO is derived by taking the percentage of employers anticipating an increase in hiring activity, and subtracting from this the percentage of employers expecting to see a decrease in employment at their location in the next quarter.

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