Singapore Unemployment Rate  1986-2017 | Data | Chart | Calendar

Singapore’s seasonally adjusted unemployment rate stood at 2.1 percent in the September quarter of 2016, the same as in the second quarter and in line with a preliminary estimate. While job seekers outnumbered job openings for the second straight quarter, layoff declined and recruitment and resignation activity remained muted. Unemployment Rate in Singapore averaged 2.46 percent from 1986 until 2016, 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.

Singapore Unemployment Rate
Receive the next reported value for Singapore Unemployment Rate in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-15 02:30 AM Q2 2.1% 1.9% 2.1% 2.1%
2016-10-27 02:30 AM Q3 2.1% 2.1% 2.1%
2016-12-13 02:30 AM Q3 2.1% 2.1% 2.1%
2017-01-26 02:30 AM Q4 2.1% 2.1%
2017-03-15 02:30 AM Q4 2.1% 2.1%
2017-04-27 02:30 AM Q1 2.2%




Singapore Jobless Rate Confirmed at 2.1% in Q3


Singapore’s seasonally adjusted unemployment rate stood at 2.1 percent in the September quarter of 2016, the same as in the second quarter and in line with a preliminary estimate. While job seekers outnumbered job openings for the second straight quarter, layoff declined and recruitment and resignation activity remained muted.

In the three months to September, the unemployment rate remained broadly similar among residents residents (2.9 percent from 3.0 percent in June) and citizens (3.0 percent to 3.1 percent). 

Total employment contracted by 2,700, following slower growth in the past two quarters. It was the first decline since the March quarter of 2015, primarily due to contractions in manufacturing (-3,600) and construction (-5,300). In contrast, employment went up in services (+6,300).

Some 4,220 workers were made redundant, down from 4,800 workers in the second quarter but higher than a year ago (3,460). By sector, redundancies fell in manufacturing and services but edged up in construction. The bulk of redundancies were from services (59 percent), mainly in professional services (16 percent), financial services (15 percent) and wholesale trade (10 percent). 

About 49 percent of residents made redundant in the June quarter of 2016 secured employment by September 2016, edging up from 45.0 percent in the previous quarter), after a general downtrend since December 2014 (59 percent). 

Job vacancies increased slightly over the quarter to 50,800 from 49,400 in June,  but remained lower than the same period last year (56,500). The seasonally adjusted ratio of job vacancies to unemployed persons continued to edge lower to 91 job openings per 100 job seekers in September 2016, from 93 in June 2016.

The seasonally adjusted recruitment rate trended down for the second consecutive quarter to 2.1 percent in the third quarter of 2016. Meanwhile, resignation rate held steady at 1.8 percent, similar to the first two quarters of this year.

Considering the first nine months of 2016, total employment grew by 14,500, the lowest growth since 2009 (100). Meanwhile, layoffs was higher across the broad sectors.

Ministry of Manpower l Rida Husna | rida@tradingeconomics.com
12/13/2016 5:26:20 AM



Singapore Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.10 2.10 6.00 1.40 percent [+]
Employed Persons 3655.60 3622.80 3655.60 1714.20 Thousand [+]
Unemployed Persons 94.60 90.70 124.10 25.80 Thousand [+]
Average Weekly Hours 45.60 46.00 46.30 45.60 [+]
Labor Force Participation Rate 68.30 66.70 67.00 55.30 percent [+]
Productivity 110.90 109.90 136.30 57.37 Index Points [+]
Labour Costs 110.90 109.90 136.30 57.37 Index Points [+]
Job Vacancies 53800.00 50500.00 67400.00 12000.00 [+]
Wages 4646.00 4789.00 5483.00 1302.00 SGD/Month [+]
Wages in Manufacturing 4220.00 4269.00 5056.00 3797.00 SGD/Month [+]
Population 5.54 5.47 5.54 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 [+]
Employment Change -3.30 5.50 73.20 -26.00 Thousands Person [+]



Singapore Unemployment Rate Notes

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. Singapore Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.10 6.00 1.40 1986 - 2016 percent Quarterly



Last
Djibouti 54.00 Dec/10
Congo 46.10 Dec/13
Bosnia and Herzegovina 41.05 Oct/16
Afghanistan 40.00 Dec/15
Kenya 40.00 Dec/11
Kosovo 32.90 Dec/15
Gambia 29.80 Dec/13
Yemen 29.00 Dec/11
Palestine 28.40 Sep/16
Namibia 28.10 Dec/14
South Africa 27.10 Sep/16
Republic of the Congo 26.60 Dec/10
Angola 26.00 Dec/14
Lesotho 25.30 Dec/08
Macedonia 23.40 Sep/16
Greece 23.00 Oct/16
Equatorial Guinea 22.30 Dec/09
Montenegro 21.33 Dec/16
Guyana 21.00 Dec/11
Gabon 20.30 Dec/13
Botswana 20.00 Dec/13
Libya 19.50 Dec/11
Sudan 19.50 Dec/14
Spain 18.91 Sep/16
Armenia 18.10 Sep/16
Mozambique 17.00 Dec/07
Ethiopia 16.80 Dec/15
Iraq 16.40 Dec/14
Jordan 15.80 Sep/16
Tunisia 15.50 Sep/16
Albania 15.20 Sep/16
Syria 14.90 Dec/12
Bahamas 14.80 Dec/15
New Caledonia 14.60 Dec/14
Eritrea 14.50 Dec/84
Croatia 14.40 Nov/16
Cyprus 14.20 Nov/16
Dominican Republic 14.00 Sep/15
Nigeria 13.90 Sep/16
Serbia 13.80 Sep/16
Sao Tome and Principe 13.60 Dec/12
Senegal 13.40 Dec/15
Zambia 13.30 Dec/14
Rwanda 13.20 Feb/16
Jamaica 12.90 Sep/16
Mauritania 12.85 Dec/14
Egypt 12.60 Sep/16
Cape Verde 12.40 Dec/15
Iran 12.20 Jun/16
Georgia 12.00 Dec/15
South Sudan 12.00 Dec/08
Brazil 11.90 Nov/16
Italy 11.90 Nov/16
Turkey 11.80 Oct/16
Maldives 11.60 Dec/14
Zimbabwe 11.30 Dec/14
East Timor 11.00 Dec/13
Puerto Rico 11.00 Nov/16
Uzbekistan 10.70 Dec/13
Portugal 10.50 Sep/16
Turkmenistan 10.50 Dec/14
Slovenia 10.40 Nov/16
Austria 10.30 Dec/16
Tanzania 10.30 Dec/14
Barbados 10.20 Sep/16
Belize 10.10 Dec/15
France 10.00 Sep/16
Algeria 9.90 Apr/16
Euro Area 9.80 Nov/16
Costa Rica 9.70 Sep/16
Morocco 9.60 Sep/16
Latvia 9.50 Sep/16
Mongolia 9.40 Sep/16
Ukraine 9.20 Sep/16
Suriname 8.90 Dec/15
Slovakia 8.80 Dec/16
Argentina 8.50 Sep/16
Lithuania 8.50 Dec/16
European Union 8.30 Nov/16
Mali 8.20 Dec/14
Poland 8.20 Nov/16
Finland 8.10 Nov/16
Bulgaria 7.90 Nov/16
Fiji 7.90 Dec/14
Burundi 7.70 Dec/12
Uruguay 7.70 Nov/16
Belgium 7.60 Nov/16
Central African Republic 7.60 Dec/12
Guinea Bissau 7.60 Dec/13
Mauritius 7.60 Sep/16
Colombia 7.50 Nov/16
Estonia 7.50 Sep/16
Bolivia 7.40 Dec/13
Honduras 7.30 Dec/15
Venezuela 7.30 Apr/16
Ireland 7.20 Dec/16
Oman 7.20 Dec/14
Comoros 7.00 Dec/12
El Salvador 7.00 Dec/14
Brunei 6.90 Dec/14
Canada 6.90 Dec/16
Paraguay 6.90 Sep/16
Togo 6.90 Dec/13
Haiti 6.80 Dec/14
Nicaragua 6.80 Dec/14
Ecuador 6.70 Sep/16
Swaziland 6.70 Dec/13
Burkina Faso 6.60 Dec/14
Malawi 6.60 Dec/13
Lebanon 6.40 Dec/14
Chile 6.20 Nov/16
Luxembourg 6.20 Nov/16
Peru 6.20 Dec/16
Sweden 6.20 Nov/16
Pakistan 5.90 Dec/15
Australia 5.80 Dec/16
Romania 5.70 Nov/16
Saudi Arabia 5.70 Sep/16
Indonesia 5.61 Sep/16
Cayman Islands 5.60 Dec/15
Chad 5.60 Dec/13
Panama 5.60 Dec/16
Netherlands 5.40 Dec/16
Russia 5.40 Nov/16
Ivory Coast 5.30 Dec/13
Czech Republic 5.20 Dec/16
Ghana 5.20 Dec/13
Azerbaijan 5.00 Dec/15
Kazakhstan 5.00 Dec/16
India 4.90 Dec/13
New Zealand 4.90 Sep/16
Malta 4.80 Sep/16
Norway 4.80 Oct/16
United Kingdom 4.80 Nov/16
Philippines 4.70 Dec/16
United States 4.70 Dec/16
Israel 4.60 Nov/16
Hungary 4.50 Nov/16
Sri Lanka 4.50 Sep/16
Trinidad and Tobago 4.40 Jun/16
Bangladesh 4.30 Dec/14
Denmark 4.20 Nov/16
Seychelles 4.20 Dec/15
United Arab Emirates 4.20 Dec/12
Germany 4.10 Nov/16
North Korea 4.10 Dec/14
China 4.04 Sep/16
Myanmar 4.02 Dec/13
Cameroon 4.00 Dec/13
Taiwan 3.84 Nov/16
Liberia 3.80 Dec/14
Uganda 3.80 Dec/13
Bahrain 3.70 Dec/12
Switzerland 3.50 Dec/16
Malaysia 3.40 Nov/16
Mexico 3.40 Dec/16
South Korea 3.40 Dec/16
Hong Kong 3.30 Dec/16
Sierra Leone 3.30 Dec/14
Guatemala 3.10 Jun/16
Japan 3.10 Nov/16
Nepal 3.00 Dec/14
Iceland 2.90 Nov/16
Moldova 2.90 Sep/16
Bhutan 2.60 Dec/15
Papua New Guinea 2.50 Dec/14
Cuba 2.40 Dec/15
Liechtenstein 2.40 Dec/15
Tajikistan 2.40 Oct/16
Niger 2.25 Dec/08
Kuwait 2.20 Dec/15
Kyrgyzstan 2.20 Nov/16
Singapore 2.10 Sep/16
Vietnam 2.06 Jun/16
Macau 1.90 Nov/16
Guinea 1.70 Dec/13
Laos 1.40 Dec/14
Madagascar 1.20 Dec/12
Belarus 1.00 Dec/15
Benin 1.00 Dec/13
Thailand 0.99 Nov/16
Cambodia 0.50 Dec/15
Qatar 0.20 Dec/15