Singapore Unemployment Rate  1986-2018 | Data | Chart | Calendar

Singapore’s seasonally adjusted unemployment rate inched higher to 2.1 percent in the second quarter of 2018 from a two-year low of 2 percent in the previous quarter and in line with the preliminary estimate. Layoff increased markedly while more people entered the labor force on the back of continued expansion in domestic economy. Unemployment Rate in Singapore averaged 2.44 percent from 1986 until 2018, reaching an all time high of 6 percent in the first quarter of 1986 and a record low of 1.40 percent in the second quarter of 1990.

Singapore Unemployment Rate
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Singapore Q2 Jobless Rate Confirmed at 2.1%


Singapore’s seasonally adjusted unemployment rate inched higher to 2.1 percent in the second quarter of 2018 from a two-year low of 2 percent in the previous quarter and in line with the preliminary estimate. Layoff increased markedly while more people entered the labor force on the back of continued expansion in domestic economy.

In the three months to June, the jobless rate edged up for both residents (2.9 percent from 2.8 percent in Q1) and citizens (3.1 percent from 3 percent).

Total employment increased by 6,500, larger than the increase in the preceding quarter (3,700 or 400 excluding foreign domestic workers (FDW)). The growth continued to come from services (7,200), as increases outweighed the slowing declines in manufacturing (-100) and construction (-700). The services industries that contributed most to employment growth were transportation & storage, information & communications, community, social & personal services, and financial & insurance services.

Some 3,030 workers were laid off, higher than the prior quarter of 2,320, largely due to reorganisation and restructuring, but remained lower than the same period a year ago (3,640).

The rate of re-entry among retrenched residents improved to 64 percent after declining in the past two quarters, with broad-based increases across most age and education groups.

The number of job vacancies continued its uptrend since June 2017 to a 3-year high of 56,700 in the June quarter. As the increase in unemployed persons was relatively smaller, the seasonally adjusted ratio of job vacancies to unemployed persons rose markedly to 108 job vacancies per 100 job seekers in June 2018, from 104 in March 2018. 


Ministry of Manpower l Rida | rida@tradingeconomics.com
9/13/2018 3:32:12 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-06-13 02:30 AM Unemployment Rate Final 2% 2.1% 2% 2%
2018-07-27 03:30 AM Unemployment Rate Prel 2.1% 2% 2%
2018-09-13 02:30 AM Unemployment Rate Final 2.1% 2% 2.1% 2.1%
2018-10-26 02:30 AM Unemployment Rate Prel 2.1% 2.1%
2018-12-13 02:30 AM Unemployment Rate Final 2.1%


Singapore Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.10 2.00 6.00 1.40 percent [+]
Employed Persons 3669.50 3672.60 3672.60 1714.20 Thousand [+]
Unemployed Persons 106.90 102.80 124.10 25.80 Thousand [+]
Average Weekly Hours 45.00 45.50 46.30 45.00 [+]
Labor Force Participation Rate 67.70 68.00 68.30 55.30 percent [+]
Labour Costs 107.90 122.00 136.30 57.37 Index Points [+]
Productivity 107.90 122.00 136.30 57.37 Index Points [+]
Job Vacancies 58300.00 52100.00 67400.00 12000.00 [+]
Wages 5119.00 5808.00 5808.00 1302.00 SGD/Month [+]
Population 5.61 5.60 5.61 1.65 Million [+]
Retirement Age Women 62.00 62.00 62.00 62.00 [+]
Retirement Age Men 62.00 62.00 62.00 62.00 [+]
Employment Change 7.00 1.20 73.20 -26.00 Thousands Person [+]


Singapore Unemployment Rate

In Singapore, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Singapore Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.00 6.00 1.40 1986 - 2018 percent Quarterly




unemployment rate by Country
Country Last
South Africa 27.20 Jun/18
Spain 15.30 Jun/18
Brazil 12.30 Jul/18
Italy 10.40 Jul/18
Turkey 10.20 Jun/18
Argentina 9.60 Jun/18
France 9.10 Jun/18
Euro Area 8.20 Jul/18
Saudi Arabia 6.10 Mar/18
Canada 6.00 Aug/18
Australia 5.30 Aug/18
Indonesia 5.13 Mar/18
Russia 4.60 Aug/18
South Korea 4.20 Aug/18
United Kingdom 4.00 Jul/18
Netherlands 3.90 Aug/18
United States 3.90 Aug/18
China 3.83 Jun/18
India 3.52 Dec/17
Mexico 3.50 Jul/18
Germany 3.40 Jul/18
Japan 2.50 Jul/18
Switzerland 2.40 Aug/18
Singapore 2.10 Jun/18


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