Employment

Budget 2026: Calibrated manpower tweaks likely, not sweeping changes

Calls from business groups must be balanced against longer-term manpower challenges and fiscal constraints, a labour academic says

Online jobs portal Adzuna said vacancies dropped from 745,448 in November to 716,791 last month, a 15 per cent reduction compared with a year previously.

UK labour market cools further, online jobs data shows

Bank of England policymakers are watching the jobs market and wage growth carefully

Manpower Minister Tan See Leng says the index  shines a light on how organisations create opportunities for their workers, showing how employers shape outcomes through everyday human capital decisions.

Singapore unveils inaugural list of 300 employers recognised for career, wage progression

The Singapore Opportunity Index assesses employers across key workforce outcomes such as hiring, retention and gender parity

London Bridge, London. Unemployment in the UK, based on the ONS Labour Force Survey, held at a near five-year high of 5.1% in the three months to November. 

UK firms cut jobs at fastest pace in five years, wages cool

Payrolls have fallen by 220,000 since Chancellor Reeves ramped up employment costs in her first Budget in October 2024

Findings show that fresh graduates continue to be in demand, with entry-level vacancies increasing from 26,000 in 2024 to 39,000 in 2025.

Proportion of poly graduates who secured employment dips to 90%: survey

Median monthly salary among those in full-time permanent roles increases year on year to S$3,000

Without sustained support, “many local businesses risk being outpaced by well-funded foreign competitors”, says SRA president Ernie Koh.
SINGAPORE BUDGET 2026

Retailers warn of being outpaced by foreign rivals as they lay out Budget 2026 proposals

These aim to strengthen local retailers’ competitiveness and ease manpower pressures in a tougher operating environment

Eight of the 12 Fed banks reported increased economic activity, and eight reported mostly no change in hiring, the report said.

Fed survey suggests slight upgrade to US economy

Financial markets expect the Fed to leave interest rates unchanged at its January meeting

Manufacturing employment in the US is now lower than it was for much of Trump’s initial term, which ran from 2017 until his loss to Biden in the 2020 election.

US factory headcount falling despite Trump’s promised manufacturing boom

Overall, hiring has been narrowly focused, with a measure of hiring breadth showing more industries shedding employment than adding

More than four in five professionals polled in a LinkedIn study say job hunting today is more challenging than in previous years.
THE BROAD VIEW

What will set Singapore’s young jobseekers apart in 2026?

The answer lies in a smarter blend of AI and human capabilities