FAI-driven jobs filled mostly by Singaporeans

Singapore

JOBS created from new investments in Singapore are predominantly filled by Singaporeans, and while there is an emphasis on high-tech sectors, the Republic will need a range of other jobs to cater to older workers, Trade and Industry Minister Chan Chun Sing said.

In a media interview ahead of the Singapore Economic Development Board's (EDB) Year 2019 In Review, Mr Chan said 85 per cent of the resident workforce are Singaporean, while the remaining 15 per cent are permanent residents (PR), bringing the ratio to about 6:1. This ratio is roughly consistent for new jobs created and the unemployment rate, he added.