Singapore Employed Persons - Forecast

Employed Persons in Singapore is expected to be 3928.82 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Employed Persons is projected to trend around 4151.28 Thousand in 2020, according to our econometric models.


Singapore Employed Persons
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Singapore Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 2 2.1 2.1 2.2 2.2 2.5
Employed Persons 3670 3929 3670 3929 3670 4151
Unemployed Persons 107 119 107 119 107 133
Average Weekly Hours 45 45 45 45 45 44.5
Labor Force Participation Rate 67.7 69 68.27 69 68.41 71.5
Labour Costs 117 112 111 121 112 122
Productivity 117 111 111 121 112 124
Job Vacancies 46600 50500 52698 55641 51970 58817
Wages 5596 5150 4820 5750 5850 6200
Population 5.61 5.77 5.63 5.62 5.64 5.79
Retirement Age Women 62 62 62 62 62 62
Retirement Age Men 62 62 62 62 62 62
Employment Change 1.2 12.4 16.95 5.1 17.14 12.2