16/10/2026
π SINGAPORE LABOUR MARKET UPDATE | Q2 2026 πΈπ¬
π Employment Growth Slows β What Does This Mean for Employers?
Singaporeβs labour market recorded a slight decline in Q2 2026. Here are the key highlights:
πΉ Total Employment: 4.48 million, down 0.4% (-17,000) from the previous quarter.
πΉ Resident Employment: 3.43 million, down 0.3% (-8,600).
πΉ Non-Resident Employment: 1.05 million, down 0.9% (-8,400).
πΉ Unemployment Rate: Remained stable at 1.9%.
πΌ What This Means for Employers:
In a changing labour market, businesses should review their workforce needs, plan recruitment strategically, and identify the right talent to support future growth.
π€ Looking to strengthen your team in Singapore?
Letβs connect! Our recruitment team can help you identify suitable candidates and support your hiring needs.
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π Source: Ministry of Manpower (MOM), Singapore β Labour Market Report, Q2 2026
https://www.mom.gov.sg/newsroom/press-releases/2026/0921-labour-market-report---second-quarter-2026