Singapore Unemployment Rate  1986-2017 | Data | Chart | Calendar

Singapore’s seasonally adjusted unemployment rate edged down to 2.1 percent in the September quarter of 2017 from 2.2 percent in previous three quarters, preliminary estimates showed. It was the lowest jobless rate since the third quarter 2016. Unemployment Rate in Singapore averaged 2.45 percent from 1986 until 2017, 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 Q3 Jobless Rate Lowest in A Year


Singapore’s seasonally adjusted unemployment rate edged down to 2.1 percent in the September quarter of 2017 from 2.2 percent in previous three quarters, preliminary estimates showed. It was the lowest jobless rate since the third quarter 2016.

In the three months to September jobless rate was unchanged for residents (3.1 percent) while it fell for citizens (3.2 percent from 3.3 percent in Q2).
 
Some 3,600 workers were laid off, lower than in the second quarter (3,640). The decrease over the quarter was broad-based across industries. Services continued to form the bulk of retrenchments/ redundancies (66 percent), followed by manufacturing (19 percent) and construction (15 percent).
 
Total employment fell by 2,500, lower than a 7,900 decline in the preceding quarter. The decline in the third quarter was mainly due to a decrease in Work Permit Holders in Marine and Construction, a result of low oil prices and continued weakness in construction activities respectively. However, this was partly offset by the pickup in employment in Services including Professional Services, Information & Communications, Administrative & Support Services, Finance & Insurance and Accommodation.

Ministry of Manpower Singapore | Chusnul Ch Manan | chusnul@tradingeconomics.com
10/27/2017 11:08:51 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-07-28 02:30 AM Unemployment Rate Prel 2.2% 2.2% 2.2%
2017-09-14 02:30 AM Unemployment Rate Final 2.2% 2.2% 2.2%
2017-10-27 02:30 AM Unemployment Rate Prel 2.1% 2.2% 2.3%
2017-12-13 02:30 AM Unemployment Rate Final 2.1% 2.3%


Singapore Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.10 2.20 6.00 1.40 percent [+]
Employed Persons 3672.60 3655.60 3672.60 1714.20 Thousand [+]
Unemployed Persons 102.80 94.60 124.10 25.80 Thousand [+]
Average Weekly Hours 45.50 45.60 46.30 45.50 [+]
Labor Force Participation Rate 68.00 68.30 68.30 55.30 percent [+]
Labour Costs 109.40 123.30 136.30 57.37 Index Points [+]
Productivity 109.40 123.30 136.30 57.37 Index Points [+]
Job Vacancies 50000.00 45300.00 67400.00 12000.00 [+]
Wages 4939.00 5586.00 5586.00 1302.00 SGD/Month [+]
Population 5.60 5.54 5.60 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 -0.70 -7.80 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.20 6.00 1.40 1986 - 2017 percent Quarterly




unemployment rate by Country
Country Last
Spain 16.38 Sep/17
Brazil 12.40 Sep/17
Italy 11.10 Sep/17
Turkey 10.60 Aug/17
France 9.70 Sep/17
Euro Area 8.90 Sep/17
Canada 6.30 Oct/17
Indonesia 5.50 Sep/17
Australia 5.40 Oct/17
Russia 5.10 Oct/17
Netherlands 4.50 Oct/17
United Kingdom 4.30 Sep/17
United States 4.10 Oct/17
China 3.95 Sep/17
Germany 3.60 Sep/17
Mexico 3.60 Sep/17
South Korea 3.60 Oct/17
India 3.46 Dec/16
Switzerland 3.00 Oct/17
Japan 2.80 Sep/17