Singapore's Employment Growth: Q3 2025 Labour Market Insights (2025)

Singapore's job market is showing signs of resilience, with a notable increase in total employment in Q3 2025 compared to the previous quarter. But here's where it gets interesting: while resident employment growth was higher across most sectors, it remained concentrated in familiar sectors like health & social services and financial services. The Ministry of Manpower's report reveals that total employment grew significantly by 24,800 in Q3 2025, up from 10,400 in Q2 2025 and 22,300 in Q3 2024. This growth was supported by both resident and non-resident employment. However, global economic headwinds continued to impact outward-oriented sectors, resulting in subdued resident employment growth in information & communications and professional services. But the story doesn't end there. Non-resident employment also contracted in these sectors, reflecting pockets of weakness. And while unemployment rates remained low, the report suggests that wage growth may moderate amid cost pressures. So, what does this mean for the future? The Ministry urges employers and workers to tap into available support schemes and programs to invest in human capital. But here's where it gets controversial: the report also hints at a potential lag in resident employment growth compared to non-residents, given the already high resident labor force participation rate. This raises questions: how will this impact the job market and the economy as a whole? And what does it mean for employers and employees? It's a complex issue, and one that warrants further discussion. So, we invite you to share your thoughts in the comments. Do you agree or disagree with the report's findings? And what are your thoughts on the potential impact on the job market?

Singapore's Employment Growth: Q3 2025 Labour Market Insights (2025)
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