Chart of the Day: Number of potential entrants to labour force hit all-time low

Rising population ageing contributed to the decline.

This chart from the Ministry of Manpower (MOM) reveals that the number of potential entrants, or those outside the labour force who are not currently seeking a job but are planning to work within the next two years, stood at 128,600 or 12% of those outside the labour force as of June 2019. This was said to be the lowest on record since 2006.

This was mainly attributed to a rising labour force participation and population ageing. The incidence of potential entrants aged 25 to 29 ranged 43%, whilst those in their 50s and aged 60 took up 16% and 3.9%.

There were 1.09 million or 32% of residents aged 15 or older that were outside the labour force in June. Almost half or 46.5% were 60 years old above, with many of them have retired. Over two in five also held below secondary qualifications.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia