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Nearly half of job vacancies in 2020 were newly created positions: MOM

Amala Balakrishner
Amala Balakrishner • 5 min read
Nearly half of job vacancies in 2020 were newly created positions: MOM
“The job market has a certain level of efficiency, and we are able to match employers and jobseekers,” says Manpower Minister Teo.
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Close to half or 45% of the job openings in Singapore last year were for newly created positions.

This is an increase compared to the previous two years, and comes primarily from expansions into new functions, job restructuring and a redesign in firms.

Government initiatives supporting companies’ business transformation as well as digitalisation efforts could have also contributed to this increase.

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