Singapore Unemployment Rate 1986-2015 | Data | Chart | Calendar

Unemployment Rate in Singapore increased to 2 percent in the second quarter of 2015 from 1.81 percent in the first quarter of 2015. Unemployment Rate in Singapore averaged 2.48 percent from 1986 until 2015, reaching an all time high of 6 percent in the first quarter of 1986 and a record low of 1.40 percent in the second quarter of 1990. Unemployment Rate in Singapore is reported by the Ministry of Manpower Singapore.

Singapore Unemployment Rate
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Actual Previous Highest Lowest Dates Unit Frequency
2.00 1.81 6.00 1.40 1986 - 2015 percent Quarterly
In Singapore, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Singapore Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Content for - Singapore Unemployment Rate - was last refreshed on Saturday, August 29, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-05-04 02:15 AM Q1 1.8% 1.9% 2%
2015-06-15 03:30 AM Q1 1.81% 1.9% 1.8% 1.8%
2015-07-30 03:30 AM Q2 2.0% 1.8% 1.8%
2015-09-15 03:00 AM Q2 1.8% 2.0% 2.0%
2015-10-31 02:00 AM Q3 2%
2015-12-15 02:00 AM Q3


Singapore Unemployment Rate Up to 2% in Q2


Singapore’s seasonally adjusted jobless rate increased 2.0 percent in the second quarter of 2015 from 1.8 percent in the previous period and missing market forecasts. Amid softer economic conditions, the rates for residents and citizens also rose 2.8 percent and 2.9 percent respectively.

According to preliminary estimates, in the June quarter layoffs fell for the second consecutive quarter. Some 3,100 workers were made redundant, down from 3,500 in the preceding quarter but above the second quarter last year (2,410). The decline in layoffs over the quarter was mainly due to construction (from 610 to 300) and manufacturing (from 950 to 800), which more than offset a slight increase from services (from 1,930 to 2,000).

Overall employment grew by 15,700 in the second quarter of 2015 after contracting last quarter (-6100). The increase moderated from a year earlier (27,700). Services employment grew faster (11,400) than the previous quarter (4,300), though slower than a year ago (25,200). Construction employment increased by 7,800, following a decline (-3,600) in the previous quarter, as public sector construction activities rose. In contrast, employment in manufacturing contracted more slowly (-3,500) than in the previous quarter (-6,900), but faster than a preceding year (-2,100). 

There were 3,633,500 persons in employment in June 2015, an increase of 2.4 percent from a year ago but lower than a 2.7 percent rise in March 2015.

Ministry of Manpower l Rida Husna l rida@tradingeconomics.com
7/30/2015 4:31:34 AM


Recent Releases

Singapore Unemployment Rate Confirmed at 1.8% in Q1
Singapore’s seasonally adjusted jobless rate was recorded at 1.8 percent in the first quarter of 2015, marginally down from 1.9 percent in the previous quarter and matching preliminary estimates, as job openings outnumbered job seekers amid fewer redundancies.
Published on 2015-06-15

Singapore Unemployment Rate Falls Slightly in Q1
Singapore’s seasonally adjusted jobless rate decreased marginally to 1.8 percent in the first quarter of 2015 from 1.9 percent in the previous period, according to preliminary estimates. The rates for residents and citizens also trended lower to 2.5 percent and 2.6 percent respectively and employment growth slowed.
Published on 2015-05-04

Singapore Unemployment Rate Confirmed at 1.9% in Q4
Singapore’s seasonally adjusted jobless rate was recorded at 1.9 percent in the fourth quarter of 2014, marginally down from 2.0 percent in the previous quarter and matching preliminary estimates, as an increase in the rate of re-entry into employment was able to offset higher layoff from business restructuring.
Published on 2015-03-13

Singapore Jobless Rate Falls Slightly in Q4
Singapore’s seasonally adjusted unemployment rate decreased marginally to 1.9 percent in the fourth quarter of 2014 from 2 percent in the previous period, according to preliminary estimates.
Published on 2015-01-30


Singapore Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.00 1.81 6.00 1.40 percent [+]
Employed Persons 3622.80 3492.50 3622.80 1714.20 Thousand [+]
Unemployed Persons 90.70 90.70 124.10 25.80 Thousand [+]
Job Vacancies 63700.00 61200.00 67400.00 12000.00 [+]
Productivity 108.20 127.20 136.30 57.37 Index Points [+]
Wages 5259.00 5040.00 5259.00 1302.00 SGD/Month [+]
Wages in Manufacturing 4220.00 4269.00 5056.00 3797.00 SGD/Month [+]
Labour Costs 108.20 127.20 136.30 57.37 Index Points [+]
Population 5.47 5.40 5.47 1.65 Million [+]
Retirement Age Women 62.00 62.00 62.00 62.00 [+]
Retirement Age Men 62.00 62.00 62.00 62.00 [+]
Average Weekly Hours 46.00 46.20 46.30 46.00 [+]
Labor Force Participation Rate 67.00 66.70 67.00 55.30 Percent [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.30 Jul/15 6.00 10.90 4.00 percent [+]
Brazil 7.50 Jul/15 6.90 13.10 4.30 percent [+]
Canada 6.80 Jul/15 6.80 13.10 2.90 percent [+]
China 4.04 Jun/15 4.10 4.30 3.90 percent [+]
Euro Area 11.10 Jun/15 11.10 12.10 7.20 percent [+]
France 10.30 Mar/15 10.40 10.80 7.20 percent [+]
Germany 4.70 Jun/15 4.70 14.20 0.40 percent [+]
India 4.90 Dec/13 5.20 9.40 4.90 percent [+]
Indonesia 5.81 Mar/15 5.94 11.24 2.00 percent [+]
Italy 12.70 Jun/15 12.50 13.00 5.80 percent [+]
Japan 3.30 Jul/15 3.40 5.60 1.00 percent [+]
Mexico 4.72 Jul/15 4.41 5.93 2.22 percent [+]
Netherlands 6.80 Jul/15 6.90 7.90 3.60 percent [+]
Russia 5.30 Jul/15 5.40 14.10 4.80 percent [+]
South Korea 3.70 Jul/15 3.90 7.10 2.90 percent [+]
Spain 22.37 Jun/15 23.78 26.94 4.41 percent [+]
Switzerland 3.10 Jul/15 3.10 5.40 1.60 percent [+]
Turkey 9.30 May/15 9.60 14.80 7.30 percent [+]
United Kingdom 5.60 Jun/15 5.60 12.00 3.40 percent [+]
United States 5.30 Jul/15 5.30 10.80 2.50 percent [+]