Job advertising in Singapore soared 16.1%

Here's what boosted this growth.

According to Robert Walters' Asia job Index, job advertising numbers in Singapore grew by 16.1% against Q2. Advertised positions within property management were up 66.1% as construction of residential and commercial buildings continued to grow in order to meet the demand for the growing population.

The government’s Fair Consideration Framework to be implemented in August 2014, which is designed to boost employment among Singaporean citizens, is already increasing the number of job adverts. In particular, within the administrative and clerical space.

The number of positions advertised within IT remained buoyant, increasing 16.6% in comparison to Q2 as the sector continues to be a source of corporate growth.

Toby Fowlston, managing director of Robert Walters Singapore said “The government’s Fair Consideration
Framework to be implemented in August 2014 is facilitating an increase in the number of job adverts as companies look to encourage local talent to remain in the country as well as attract others to return from overseas.

While offshore banking has been relocating back office operations to cheaper regions, we see continued demand for IT and marketing professionals in Singapore as companies remain driven to showcase their products and improve their infrastructure.”

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