Job vacancies ease for second straight quarter: MOM

LABOUR market tightness in Singapore eased in Q3, as the total number of job vacancies fell for the second straight quarter, according to the Ministry of Manpower’s (MOM) Labour Market Report on Thursday (Dec 15).

While the number of job vacancies “declined noticeably” to 108,200 in September, it remained significantly higher than the pre-pandemic level of 52,900 in 2019, said MOM. Correspondingly, the ratio of job vacancies to unemployed persons also decreased to 2.2.

Nevertheless, job vacancies were still seen in sectors such as manufacturing and construction, and services industries including information and communications, financial services, professional services, and health and social services.