Newly created roles formed nearly half of job vacancies in 2025: MOM report
Singapore's labour market expanded in 2025, underpinned by robust economic expansion. In the final quarter of 2025, total employment grew by 17,700 to mark 17 consecutive quarters of expansion since 2021. For the full year, total employment increased to 55,500 from 44,500 in 2024. Unemployment in December remained low at 2%, but the rate for younger residents under 30 rose moderately from 5.6% in September to 5.8%. Retrenchments edged up slightly, with 14,490 workers affected. Meanwhile, newly created positions formed almost half of job vacancies in 2025. Openings rose from 69,600 in September to 77,700 in December. Beatrice Yap reports.
Singapore's labour market expanded in 2025, underpinned by robust economic expansion. In the final quarter of 2025, total employment grew by 17,700 to mark 17 consecutive quarters of expansion since 2021. For the full year, total employment increased to 55,500 from 44,500 in 2024. Unemployment in December remained low at 2%, but the rate for younger residents under 30 rose moderately from 5.6% in September to 5.8%. Retrenchments edged up slightly, with 14,490 workers affected. Meanwhile, newly created positions formed almost half of job vacancies in 2025. Openings rose from 69,600 in September to 77,700 in December. Beatrice Yap reports.
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