Singapore expects unemployment to stay unchanged next year

Unemployment rate for residents is currently at 3%.

The city-state government sees hope that there would not be any deterioration in unemployment rate next year as the job market keeps pace with 2016 levels.

In a report from Bloomberg, minister for education and second minister of defence Ong Ye Kung said Singapore's current employment market was "not bad at all".

“Next year we hope there’s an uptick in several sectors and so we hope we can maintain unemployment the way it is," he said. “But more importantly is long-term unemployment. We have always kept it low and we keep it low by ensuring workers keep on re-skilling.”

Access the full story from Bloomberg by clicking here.

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