Q3 hiring prospects to be worst since last recession

Singapore

THE pace of hiring is tipped to be "more conservative" in the next three months, with hiring prospects at their weakest since the last recession, according to ManpowerGroup Singapore's latest survey.

The survey, which covered 647 employers, found the net employment outlook - the difference between the percentage of bosses wanting to raise and the percentage wanting to cut hiring - has slipped further to a seasonally-adjusted plus 9 per cent for July-September, the lowest since the third quarter of 2009.