Chart of the Day: Foreign employment growth crashed 26.3% to 27,000

This is exclusive of foreign domestic workers.

According to the latest labour market report, local employment rose by 34,100 in the first half of 2013, up from the gains of 22,800 in the same period last year, indicating that employers hired more locals to meet their manpower needs.

This reflects the various measures to increase the employability of locals. The increase was driven by the Services sector, from industries such as Community, Social and Personal Services, Professional Services, Administrative and Support Services, Information and Communications, and Transportation and Storage.

Foreign employment (excluding Foreign Domestic Workers or FDWs) grew by the smallest number in a half-year period since the first half of 2010, due to the foreign manpower tightening measures the Government introduced.

In the first half of 2013, foreign employment (excluding FDW) grew by 27,000, down from the gains of 34,100 in the same period last year. This reflected the continued fall in the number of Employment Pass (EP) holders and slower growth in Work Permit (WP) and S Pass holders.

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