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2017 Q1 Singapore Talent Market Update
UNEMPLOYMENT UNCHANGED | Overall unemployment was unchanged in March 2017 from December 2016, remaining at 2.2% overall.Total employment fell by 6,800 in Q1, following growth of 2,300 in Q4 2016. Construction lost 12,500 jobs while manufacturing lost 4,300. The service sector gained 9,900 jobs.4,000 workers were made redundant in Q1, with layoffs in manufacturing and services decreasing from Q4 20 ... Read More
In today’s uncertain job environment, global workers are seeking ways to be as resilient as possible. This includes taking the lead in managing their careers. Workers are becoming adept at developing skills that enable them to thrive in any company—they’ll utilize available employer training, or they will actively seek ways to further their skill sets, perhaps by becoming free agents or freelancer ... Read More
2017 Singapore Salary Guide
We are pleased to present the 2017 Singapore Salary Guide, a comprehensive reference tool which provides an insight to the latest salary ranges for various positions across industries in Singapore through a compilation of salaries and job titles recorded on our database.We trust you find the ‘2017 Singapore Salary Guide’ useful. We are on hand to provide you current data and insights to the variou ... Read More
2016 Q4 Singapore Talent Market Update
Overall unemployment rose in December 2016 to 2.2% from 2.1% in September 2016, increasing for residents and citizens. Total employment grew by 2,300 in Q4, following a contraction in Q3 of 2,700. Construction lost 8,300 jobs while manufacturing lost 6,500, while services added 17,100 workers.5,440 workers were made redundant in Q4, with layoffs in manufacturing and services increasing from Q3, bu ... Read More
Five Perks To Woo Employees
Every manager knows that turnover is costly for the company and has the potential to lower employee morale. Currently however, Millennials are the largest generational group in the workforce—and they’re more prone to “job hopping” than previous generations. Because of this, companies that want to attract and retain top talent need to go the extra mile and, in addition to good salaries and benefits ... Read More
2017 Q1 Global Talent Market Quarterly
Despite considerable uncertainty in the political environment worldwide, global economic and labor market growth is projected to strengthen in 2017 and 2018, led by key fundamentals including US expansion, dollar appreciation, and higher commodity prices. While the current outlook remains positive, risks also abound, as the world waits to see how the policies of a new presidential administration i ... Read More
Q3 2016 Singapore Talent Market Update
Overall unemployment remained unchanged in September 2016 at 2.1% from March 2016, decreasing for residents and citizens. Total employment decreased by 2,700 in Q3, following slower growth in Q1 and Q2. Construction lost 5,300 jobs while manufacturing lost 3,600, while services added 6,300 workers. 4,220 workers were made redundant in Q3, with layoffs in manufacturing and services decreasing, but ... Read More
2016 Q4 Global Talent Market Quarterly
As 2016 draws to a close, global economic growth is projected to come in at a subdued 2.4% for the year, the fifth consecutive year below 3%. A slight acceleration to 2.8% is predicted for 2017 as growth in North America continues, South America and Russia see some recovery activity, and APAC markets remain relatively strong. A positive outlook for global labor markets is also forecast, with unemp ... Read More
2016 Q2 Singapore Talent Market Update
Overall unemployment rose in June 2016 to 2.1% from 1.9% in March 2016, increasing for residents and citizens. Total employment increased by 5,500 in Q2, at a slower pace than the previous quarter (13,000) and from last year’s Q2 (9,700), amid subdued global economic conditions. Employment growth slowed in services which grew by 8,600, manufacturing which lost 3,400 and flat in construction which ... Read More
Women in STEM
Women in STEM
16 Sep 2016
If we’re going to make a dent in the massive talent gap in the STEM fields, we have to start engaging more women now, and we have to work together to do so.Tipping the scale towards a more optimized and gender diverse STEM talent pool takes more than just ramping up recruitment efforts—it requires commitment and effort from all parties involved, from parents and teachers all the way up to executiv ... Read More
2016 Q3 GTMQ
Although the UK’s historic vote to leave the European Union (Brexit) will have significant adverse effects on the country’s short-term economic prospects, as well as lowering the outlook for the rest of Europe, negative impacts outside of the region are projected to be somewhat limited. Still, the Brexit decision, along with other challenges including recessions in several key emerging markets (Br ... Read More
Q2 2016 Global Talent Market Quarterly
The global economy is forecast to expand by 2.6% in 2016, but that moderate growth rate masks a variety of divergent economic conditions and risks among markets. Most developed economies are expected to see solid if unremarkable growth, but all are vulnerable to political, social, and market risks. Emerging markets are a study in opposites, with deep recessions in Brazil, Venezuela, and Russia on ... Read More
2015 Q4 Singapore Talent Market Update
The overall seasonally adjusted unemployment rate dropped to 1.9% in December 2015 from 2% in September. Resident and citizen unemployment rates also fell as the total employment grew by 15,500 roles. There were 3.6556 million people employed in December 2015, with unemployment rate remaining low at 1.9% for the entire year. ... Read More
2016 Q1 Global Talent Market Quarterly
The outlook for the global economy in 2016 is uncertain, with financial market volatility, depressed commodity prices, and slowing in key emerging markets keeping growth prospects muted. Brazil and Russia face continued recessionary conditions, while China’s economic momentum continues to cool amid stock market instability and structural challenges—all leading to a significant amount of labor mark ... Read More