Hiring for Jobs in Singapore to Weaken in 3Q2011 - Manpower Employment Outlook Survey
Employer hiring intentions for jobs in Singapore are expected to weaken slightly, as per the latest Manpower Employment Outlook Survey.
The Manpower Employment Outlook Survey was conducted by interviewing a representative sample of 648 employers in Singapore. All survey participants were asked, “How do you anticipate total employment at your location to change in the three months to the end of September 2011 as compared to the current quarter?”
Hiring intentions for jobs in Singapore weaken by 2 percentage points quarter-over-quarter, but year-over-year, the outlook improves by 6 percentage points.
The Net Employment Outlook in Singapore for Q3 stands at +29%. This figure is derived by taking the percentage of employers anticipating total number of jobs in Singapore to increase and subtracting from this the percentage expecting to see a decrease in employment at their location in the next quarter
Quarter-over-quarter, hiring prospects for jobs in Singapore strengthen in three of the seven industry sectors.
Finance, Insurance & Real Estate: Outlook declines by 2 percentage points when compared with the previous quarter
Mining & Construction: Hiring prospects weaken both quarter-over-quarter and year-over-year, with the outlook declining by 11 and 2 percentage points, respectively
Manufacturing: The outlook is unchanged quarter-over-quarter
Public Administration & Education: Hiring expectations improve by 4 percentage points quarter-over-quarter
Services: Remains relatively stable when compared with the previous quarter
Wholesale Trade & Retail Trade: 5 percentage points improvement quarter-over-quarter
Transportation & Utilities: Hiring prospects improve by 9 percentage points quarter-over-quarter
