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Singapore labour market improves in 1Q21, but unemployment rate still higher than pre-pandemic levels

Atiqah Mokhtar
Atiqah Mokhtar • 3 min read
Singapore labour market improves in 1Q21, but unemployment rate still higher than pre-pandemic levels
Singapore’s 1Q2021 total employment grew for the first in four consecutive quarters.
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Singapore’s 1Q2021 total employment grew for the first in four consecutive quarters, pointing to signs of continued recovery from Covid-19.

However, the Ministry of Manpower (MOM) says Singapore is not out of the woods yet, as unemployment rates remain elevated, with uncertainties from Phase 2 (Heightened Alert) restrictions expected to impact the labour market recovery.

In its 1Q2021 labour market report released on June 17, MOM highlights that total employment, excluding migrant domestic workers, expanded by 12,200 in the 1Q, beating preliminary estimates of 4,800 in April.

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