On a year-on-year basis, the outlook is 7 percentage points higher than the figure registered for 1Q2020.
Jobseekers have cause for celebration as Singapore’s hiring pace in the first three months of 2021 is set to be the strongest in six years. This was reflected in the results of the Employment Outlook Survey released on Dec 8 by ManpowerGroup, a global recruitment firm.
Of the 476 employers surveyed, 19% are looking at higher payrolls next year. 4% anticipate a decrease while 66% expect things to remain at status quo. After accounting for seasonal variation, this translates to a net employment outlook of +15% - 17 percentage points higher than that for the current quarter ending on Dec 30.
