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Singapore Talent Market Update Q1 2016

Q1 2016 Singapore Talent Market Quarterly

Overall unemployment at 1.9% remained unchanged in March 2016 relative to December 2015, declining for Singapore citizens and residents. Unemployment increased for residents aged 30 and above, offset by a decline for residents below 30, due to lower labour force participation among youths. Total employment grew more slowly in Q1 2016 than the seasonally high growth of Q4 2015, but faster compared to Q1 2015. There were less layoffs though the level of redundancies was the highest for the first quarter since 2009.

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