Singapore Labour Market
Training participation rate falls 40.7% in 2024
Training participation rate falls 40.7% in 2024
Overall training intensity also dropped from 4.7 to 4.6 days in 2024.
Nearly a quarter of workers lag in confidence on skills development
This makes Singapore the least confident workforce in Southeast Asia.
Singapore’s labour market to remain tight: experts
Half of companies still looking to hire more employees.
Number of employed individuals up by 41,400 in 2021
This is a rebound from last year’s contraction of 166,600.
Singapore labour market down by 2,400 workers in Q3 2021
This was a slower decline, compared to the 16,300 previously.
Commentary
Adapting to changing consumer needs in an evolving property market