Singapore Employment Outlook for Q1/2014
Employment trend 2013
The survey result of employers' hiring intentions for Q1 2014 was announced by Manpower Staffing Services (S) Pte Ltd.
674 employers in Singapore took part in the survey, being asked "How do you anticipate total employment at your location to change in the three months to the end of March 2014 as compared to the current quarter?"
Here are some of the key findings:
- 19% of employers expect to increase staffing levels, 3% anticipating a decrease and 67% forecasting no change for 2014 Q1.
- Hiring plans for 2014 Q1 improved by 7% when compared with 2013 Q1.
- The most optimistic hiring plans are reported in the Finance, Insurance & Real Estate sector and the Transportation & Utilities sector with +23~24%, followed by Administration & Education sector and the Services sector with +21%. The least hiring intention was seen in the Manufacturing sector with ＋11％.
- The percentage point has been getting stronger in the Services sector year by year.
For more details, please visit www.manpower.com.sg