Labour market

Singapore is tightening restrictions on intra-corporate transferees, one category of workers brought from overseas offices of multinational corporations, the Straits Times reported.

Resident employment levels in September 2020 (at 2.34 million) have returned to near pre-Covid-19 levels, announced the Ministry of Manpower (MOM) in its Labour Market Report for 3Q2020 on Dec 17.

Jobseekers have cause for celebration as Singapore’s hiring pace in the first three months of 2021 is set to be the strongest in six years.

The impact of the Covid-19 pandemic on resident employment rate in Singapore has been varied across age groups, the Ministry of Manpower (MOM) reveals in its Labour Market Report on Dec 3. 

Things appear to be improving in Singapore’s labour market, following the start of Phase 2 of the nation’s reopening on June 19.

Singapore’s labour market is still under the weather from the Covid-19 health-turned-economic crisis, despite the resumption of activities such dining and in-store shopping.

Singapore’s labour market is still under the weather from the Covid-19 health-turned-economic crisis, despite the resumption of activities such as in-person dining in at restaurants and in-store sh

Over 1,500 companies in the professional services sector have offered about 9,000 opportunities since April, the Ministry of Manpower (MOM) revealed on October 1.

With Singapore’s economy contracting by a historic 13.2% in 2Q2020 ended June, it is no surprise that the labour market has been under the weather.

Jobseekers’ woes may well continue into the last quarter of the year, as the hiring pace in Singapore is expected to stay muted.