The Business Times
SUBSCRIBERS

Job vacancies hit new high of 128,100 in Q1: MOM

Tessa Oh

Tessa Oh

Published Fri, Jun 17, 2022 · 10:54 AM
    • The ratio of job vacancies to unemployment persons, at 2.42, also increased to its highest since 1998 due to a decline in unemployed people and increase in vacancies, says MOM.
    • The ratio of job vacancies to unemployment persons, at 2.42, also increased to its highest since 1998 due to a decline in unemployed people and increase in vacancies, says MOM. PHOTO: ST FILE

    JOB vacancies in Singapore rose to a new high in the first quarter of 2022, while a higher re-entry rate of 72 per cent was observed among residents 6 months after retrenchment, according to the Ministry of Manpower’s (MOM) Labour Market Report on Friday (Jun 17).

    Job vacancies grew to 128,100 in March, though the rate of increase, at 9 per cent, was slower compared to the previous quarter.

    The bulk of job vacancies were in the construction and manufacturing sector - mainly for non-PMET (professional, managerial, executive, and technical) job roles that are typically held by migrant workers - as well as in the financial services; information and communications; public administration and education; and professional services sectors.

    Singapore manpowerMinistry of ManpowerSingapore economyUnemploymentEmployment

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More