employment

Resident and citizen unemployment rates continue upward trend in 2Q19: MOM

SINGAPORE (July 26): Singapore’s seasonally adjusted overall unemployment rate remained unchanged at 2.2% as at June.

However, the unemployment rate for residents and citizens rose 0.1 percentage points to 3.1% and 3.3% respectively, continuing the uptrend since September 2018.

These were some of the findings from Singapore’s latest labour market report issued by the Ministry of Manpower (MOM) which is based on preliminary data.

Hiring prospects in 3Q expected to remain stable: ManpowerGroup

SINGAPORE (June 11): Despite continued economic headwinds, Singaporean employers are still optimistic in their hiring plans for 3Q19, according to the latest ManpowerGroup Employment Outlook Survey released today.

The survey, which saw over 660 respondents, found that 15% of employers intend to increase their staffing levels, while a majority 77% forecast no change to their payrolls.

PMETs face higher risk of retrenchment, experts say

SINGAPORE (Mar 8): The conventional wisdom that the higher skilled is more employable no longer holds water, says DBS economist Irvin Seah.

In January, Seah released a report in January detailing the issue, calling professionals, managers, executives and technicians (PMETs) a “newly vulnerable” group of Singaporeans.

“We need to watch this very, very closely because it is not one-off. This is an emerging trend that has been worsening for the past 10 years. You can see it climbing and it is not right,” he says.

7 ways candidates can land their dream job in 2019: Hays

SINGAPORE (Jan 17): Jobseekers this year will need to demonstrate the unique value they can potentially bring to a business, on top of their willingness to adapt to change in the face of multifaceted disruptions, according to recruitment experts Hays. So, here are seven ways to land that coveted role:

Singapore leads the way in regional online recruitment activity: Monster

SINGAPORE (Nov 20): Singapore is set to continue on its upward hiring trajectory this year given its strong position in the market, as highlighted by the third quarterly Monster Employment Index (MEI) report by Monster, the online career & recruitment platform.

According to the Monster MEI report, overall online hiring activity in Singapore remained on an upward trend with 2% growth for 3Q, in line with the doubling of overall employment growth in the same period compared to the previous three months.

LinkedIn partners public agencies, NPOs to help challenged job seekers in Singapore

SINGAPORE (Nov 15): LinkedIn is introducing an extension of its LinkedIn Coaches global programme with the aim of connecting more than 2,000 job seekers facing barriers in Singapore to “economic opportunities with resources and networks to build meaningful careers”.

In order to do so, the professional networking platform has partnered non-profit organisations (NPOs) and public agencies such as the Ministry of Social and Family Development (MSF) to reach out to job seekers through half-day career coaching workshops throughout 2019.

What drives Singaporeans to jump ship, and why that's okay

SINGAPORE (Oct 30): New job market entrants and seasoned professionals alike are becoming increasingly open to the idea of making the leap into an entirely new career, according to new research from recruitment firm Monster.com.

The survey comes as part of the firm’s wider #IMadeTheSwitch campaign which polled more than 2,400 respondents across Singapore, Malaysia and the Philippines on their reasons for and awareness of career transitioning across Southeast Asia.

7 high-tech jobs to arrive in the near future, as envisioned by Cognizant

SINGAPORE (Oct 23): In Cognizant’s opinion, humans have never been more integral to the future of work – even as the emergence of artificial intelligence (AI) continues to change the global work environment.

The multinational IT corporation last year in November published 21 Jobs of the Future: A Guide to Getting and Staying Employed in the Next 10 Years, in which it proposed 21 new jobs that would emerge from a world of AI, automation, algorithms, bots and big data.

Profiting from the silver economy

SINGAPORE (Oct 19): Longevity is seen as an enormous business opportunity, especially in rapidly ageing economies countries such as Singapore, where people aged 65 and above are the fastest-growing demographic segment.

Kanwaljit Soin, a former nominated member of parliament and founding president of non-profit centre Women’s Initiative for Ageing Successfully, believes this presents an opportunity that is  “as momentous as climate change”.

How can Singapore turn 'old' into gold again?

SINGAPORE (Oct 19): For many Singaporeans, longevity can be scary without adequate finances or good health.

A recent study commissioned by Prudential and conducted by The Economist Intelligence Unit suggests that there is anxiety on the prospect of living up to 100. Some 55% of more than 1,200 respondents said they were not ready to live to 100, from a health or financial standpoint.

A fifth reported being uncertain.

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