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Singapore continues its hiring spree

Anuradha Shukla | Sept. 11, 2012
ManpowerGroup survey reveals positive trend despite declines in the outlook last quarter and last year at this time.

Singapore employers remain upbeat about their hiring intentions through the last three months of the year, according to the latest Manpower Employment Outlook Survey results released by Manpower Singapore.

These results are positive when compared to last quarter and last year at this time.

Those searching for a job in Singapore can expect more employment opportunities thanks to a steady level of labour market activity.

Nine out of 10 employers in Singapore said they intend to add to their workforce for the fourth quarter of 2012 and 23 percent predict an increase in staffing levels.

"Even though employers are reporting positive hiring intentions, job seekers are advised to be flexible. We suggest they keep an open mind during their job search and consider how their skill set might transfer to other sectors in order to cast their nets further in their job search," said Linda Teo, country manager of Manpower Singapore.

Strong growth in education sector

The latest Manpower Employment Outlook Survey indicates that the strongest hiring plans were reported by the employers in the Public Administration/Education sector for the fourth consecutive quarter.

Employers in the Transportation & Utilities reported the weakest fourth-quarter hiring plans as well as the steepest quarter-over-quarter drop of 14 percentage points.

The Services sector outlook experienced a drop of 25 percentage points.

Employers in the Finance, Insurance & Real Estate sector and the Mining & Construction sector reported outlooks of +20 percent and +18 percent, respectively.

Taiwanese, Indian and New Zealand employers report the strongest plans across Asia Pacific. Australian employers report the region's weakest job prospects for the second consecutive quarter.

 

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