Singapore’s seasonally adjusted unemployment rate stood at 2.0% in Q2 2026, holding steady at 2.0% for the fifth straight quarter, preliminary estimates showed. The resident unemployment rate remained unchanged at 2.9%, while the citizen unemployment rate edged lower to 3.0% from 3.1%. Retrenchments rose to 4,500 in Q2 from 3,830 workers in Q1, marking the highest number since Q4 2020, bringing the incidence of retrenchment up from 1.6 to 1.9 per 1,000 employees. The increase was concentrated in some outward-oriented sectors, such as information and communication, mainly due to business restructuring. Meanwhile, total employment increased by 10,700 in Q2 2026, up from 9,400 in Q1, marking the 19th consecutive quarter of growth since Q4 2021. Overall employment growth was largely driven by foreign employment in the construction and manufacturing sectors. Looking ahead, labour market conditions are expected to remain resilient, although firms remain cautious amid economic uncertainty. source: Ministry of Manpower Singapore
Unemployment Rate in Singapore remained unchanged at 2 percent in the first quarter of 2026 from 2 percent in the fourth quarter of 2025. Unemployment Rate in Singapore averaged 2.40 percent from 1986 until 2026, reaching an all time high of 6.00 percent in the first quarter of 1986 and a record low of 1.40 percent in the second quarter of 1990. 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. Singapore Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.
Unemployment Rate in Singapore remained unchanged at 2 percent in the first quarter of 2026 from 2 percent in the fourth quarter of 2025. Unemployment Rate in Singapore is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Unemployment Rate is projected to trend around 1.90 percent in 2027, according to our econometric models.