Hiring appetite of Singapore bosses dipped 8 percentage points

But there's still good news.

According to the latest Manpower Employment Outlook Survey results released by Manpower Singapore, some job gains are anticipated in quarter 3 2013, with Singaporean employers reporting a seasonally adjusted Net Employment Outlook of +14%, although hiring intentions weaken by 2 and 8 percentage points from 2Q 2013 and 3Q 2012, respectively.

“With a strong construction projection for 2013, driven by more public housing and infrastructure construction works, the employment picture is rosy for the Mining and Construction sector where the seasonally adjusted outlook stands at 17%. Even though hiring prospects weaken moderately in comparison to last quarter and year by 2 and 8 percentage points, respectively, Singapore’s labour market is generally stable,” said Linda Teo, Country Manager of Manpower Singapore.