Ministry of Manpower (MOM)

Singapore unveils long-term work visas to end talent crunch - THE EDGE SINGAPORE

Labour market

Singapore unveils long-term work visas to end talent crunch

The new rules will allow foreigners earning a minimum $30,000 per month to secure a five-year work pass.

Labour market

Non-resident worker inflows expected to recover: MOM

Job vacancies have increased to a new high of 128,100 during the 1Q2022, according to figures released by the ministry on June 17.
Singapore's labour market still affected by Covid-19 bug despite recovery in resident employment and incomes - THE EDGE SINGAPORE

Labour market

Singapore's labour market still affected by Covid-19 bug despite recovery in resident employment and incomes

Despite the pickup in employment levels, Singapore’s unemployment rates remained elevated
Number of jobs in Singapore up by 21% y-o-y in 3Q2021: Michael Page Singapore - THE EDGE SINGAPORE

Labour market

Number of jobs in Singapore up by 21% y-o-y in 3Q2021: Michael Page Singapore

Opportunities were seen in: engineering & manufacturing, digital and technology

Global Economy

Briefs: India's relief package for telco sector is 'game changer' says Singtel's CFO Lang

In other news this week, hedge fund billionaire Ray Dalio says ‘cash is trash’ and makes the case for crypto
Job vacancies rose to record high of 92,100 in June: MOM - THE EDGE SINGAPORE

Labour market

Job vacancies rose to record high of 92,100 in June: MOM

The ratio of job vacancies to unemployed persons improved to above 1 for the first time since Mar 2019.
Singapore's total employment declines in 2Q2021; unemployment rate improves - THE EDGE SINGAPORE

Labour market

Singapore's total employment declines in 2Q2021; unemployment rate improves

Total employment for 2Q2021 ended June fell by 15,700, reversing from the increase seen in 1Q2021
Singapore labour market improves in 1Q21, but unemployment rate still higher than pre-pandemic levels - THE EDGE SINGAPORE

Labour market

Singapore labour market improves in 1Q21, but unemployment rate still higher than pre-pandemic levels

Singapore’s 1Q2021 total employment grew for the first in four consecutive quarters.
Singapore's unemployment rate eases to 2.9% in March, but labour market not fully back to pre-pandemic levels: MOM - THE EDGE SINGAPORE

Labour market

Singapore's unemployment rate eases to 2.9% in March, but labour market not fully back to pre-pandemic levels: MOM

While unemployment rates have been falling steadily, they are still “elevated compared to pre-Covid-19 levels,” says MOM.
Nearly half of job vacancies in 2020 were newly created positions: MOM - THE EDGE SINGAPORE

Labour market

Nearly half of job vacancies in 2020 were newly created positions: MOM

“The job market has a certain level of efficiency, and we are able to match employers and jobseekers,” says Manpower Minister Teo.
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