Singapore manpower

BRUNCH

When change is the constant: Policies and politics to watch in 2026, at home and abroad

From Cabinet confirmations to potential confrontations, much lies ahead in the new year

Even if hiring demand remains positive, employers are becoming more selective, say recruiters.
OUTLOOK 2026

More contract hiring, higher foreign labour costs: The trends shaping Singapore’s manpower landscape in 2026

Gloomier hiring sentiment persists despite economy ending year on better-than-expected note

While SNEF acknowledges that foreign-manpower policies must “strike a careful balance”, it notes that it is getting tougher for employers to fill key roles amid tighter rules.

SNEF calls for more foreign-manpower flexibility, cost relief in Budget 2026 wish list

This comes as around three in four employers expect uncertainty next year, which could weigh on hiring and wage growth

Schools say international students form the bulk of full-time MBA applicants, while Singaporeans make up a significant share of the part-time cohort.

Singapore MBAs draw stronger interest amid global visa tightening and career shifts

HR firms say such degrees are most valuable for those in senior leadership roles, even as more mid-career professionals explore them to future-proof their careers

There were fewer incidents of retrenchments due to reasons such as downturn in the industry or concerns of high costs.

Retrenchments rise slightly in Q3 amid restructuring, but hiring remains firm

The layoffs are concentrated in growth sectors such as financial services, professional services and information and communications

The survey of 504 employers reveals a distinct shift towards maintaining the status quo.

Singapore hiring outlook worsens sharply to 4-year low: ManpowerGroup survey

Local employment outlook is well below the global average; finance sector bucks trend with most improved net employment outlook

The proportion of permanent roles secured by youth aged 15 to 24 climbed to 65.8% this year, from 58% a year earlier.

Short-term contracts form smaller share of jobs, with permanent roles at record high: MOM

The report finds ‘no sustained shift’ towards short-term roles for youth

MOM says it began collecting overseas work experience data this year to assess the preparedness of Singapore’s resident workforce for regional and senior roles, given the country’s position as a hub for multinational companies' headquarters.

China, US and Malaysia are top overseas postings for Singapore workers: MOM

Only 3.1 per cent of the resident labour force has ever worked overseas full-time for at least six months