While sectors like public administration and education expect to increase headcounts by 19%, sectors like transportation and utilities expect to trim payrolls by 5%. The manufacturing sector is anticipating its weakest labour market in a decade, while finance, insurance and real estate are expecting the weakest hiring pace in two years.
SINGAPORE (Sept 10): Jobseekers in the republic may have a harder time finding employment in the final quarter of this year. Out of 669 employers surveyed, only 13% intend to add to their headcount while 77% are not planning for any changes.
Hiring prospects weakened by 7 percentage points compared to the previous quarter, and by 8 percentage points compared to the same time a year ago. This was according to a survey by ManpowerGroup Singapore, which asked participants how they thought total employment at their workplaces will change in the three months of the year compared to the current quarter.
