Labour Market

THE BROAD VIEW

Micro-digital income is reshaping work patterns across Asean

More than a technological fad, this trend marks a shift in work culture and could reshape the labour market in Singapore and beyond

Economists say President Donald Trump’s aggressive trade and immigration policies have reduced both demand for and supply of workers.

US weekly jobless claims unexpectedly fall amid seasonal adjustment challenges

Initial claims dropped 9,000 to a seasonally adjusted 198,000 for the week ended January 10

Despite the rapid evolution of AI, Singapore’s labour market has shown remarkable structural stability.

China vs Singapore – the divergent impact of AI on labour markets

The divergence between the two countries serves as a warning and a blueprint

Chinese tourists at the Sensoji temple in Tokyo. Arrivals from China to Japan have been depressed in the wake of a recent diplomatic spat.

Why is Japan souring on foreign workers and tourists?

It is a dangerous attitude for an ageing country that needs more immigrants

Significant numbers of unemployed migrant workers are returning to their home towns in Chinese villages and remaining there.

As jobs dry up, China’s migrant workers are returning to their villages and staying put

Despite the government’s concerns, however, things may be changing in the rural areas

Staying but not out of love, Singapore workers are biding their time for the right opportunity to move, said employment experts.

Singapore workers feel trapped over mismatch in expectations amid ‘job-hugging’ trend: experts

Employers, on the other hand, believe they are rocking away on employee expectations

Wages and salaries, which account for the bulk of labour costs, rose 0.8 per cent last quarter after increasing 1.0 per cent in the April-June quarter.

Growth in US labour costs slows in Q3

The Employment Cost Index rose 0.8% in the last quarter,

Job openings, a measure of labour demand, were up 12,000 to 7.670 million by the last day of October.

US job openings increase modestly in October

Labour market stagnation has been blamed on reduced labour supply amid a reduction in immigration

The weak ADP report risks heightening concerns of a more rapid deterioration in the labour market ahead of the Federal Reserve’s final policy meeting of the year next week.

Payrolls at US companies fall by most since 2023

Private-sector payrolls decreased by 32,000

A quarter of the people in the world live in countries where populations have already peaked.

A shrinking world will turn our problems upside down

The political and economic priorities of a depopulating society could be very different from today’s