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Singapore job market shrinks significantly in 4Q

Careers & Training

Singapore job market shrinks significantly in 4Q

Samantha Chiew Published on Fri, Jan 19, 2018 / 1:04 PM GMT+8

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SINGAPORE (Jan 19): Singapore saw a significant drop in both jobs and job seekers this current Q4, according to Morgan McKinley’s APAC Employment Monitor for 4Q17.

As compared to a strong performance in Q3, jobs were down by 20%, while professionals seeking new jobs were down 37% q-o-q.

Richie Holliday, COO of Morgan McKinley Asia Pacific says, “Despite closing the year with a low performance, the financial services market in Singapore was stronger in 2017 than 2016.”

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