Ministry of Manpower (MOM)

How weak job data is likely to restrain Singapore’s GDP growth

SINGAPORE (July 31): Maybank Kim Eng Research is maintaining its gross domestic product (GDP) growth forecast at 3% in the current year and 2.4% in 2018, while emphasising that the upside risks are now capped by weak job growth.

Redundancies & unemployment rate may remain elevated, warns MOM

SINGAPORE (June 13): The labour market outlook remains uneven across sectors, according to the latest labour market data released by the Manpower Research and Statistics Department, Ministry of Manpower (MOM).

Singapore’s overall 1Q unemployment rate rises to 2.3% in MOM advance estimates

SINGAPORE (April 28): The overall unemployment rate in Singapore has increased from 2.2% to 2.3% over the first quarter of the year, according to preliminary estimates by the Ministry of Manpower (MOM) released today.

Almost half of job vacancies in 2016 were for PMETs

SINGAPORE (Feb 7): Nearly half of all job vacancies in 2016 were for professionals, managers, executives and technicians (PMETs), the Ministry of Manpower revealed on Tuesday.

Parliament passes bill to raise re-employment age to 67

SINGAPORE (Jan 10): Parliament on Monday passed the Retirement and Re-employment (Amendment) Bill 2016 to raise the re-employment age to 67 from 65, with effect from Jul 1, 2017.

9 in 10 Singapore companies paid out retrenchment benefits in 2015

SINGAPORE (Dec 29): The proportion of establishments in Singapore giving out retrenchment benefits remains high, says the Ministry of Manpower (MOM) based on the results of its Retrenchment Benefits Survey covering retrenchments conducted in 2015.
Worker lay-offs hit 7-year high in Singapore

Worker lay-offs hit 7-year high in Singapore

SINGAPORE (Dec 13): Singapore’s Ministry of Manpower (MOM) on Tuesday announced that some 13,730 workers were laid off in the first nine months of 2016, up 34% compared to 10,220 lay-offs in the same period last year.
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