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

Singapore’s seasonally adjusted unemployment rate stood at 2.2 percent in the June quarter of 2017, the same as in the prior two quarters, preliminary estimates showed. The jobless rate remained at its highest level since the December quarter 2010. In the three months to June, the jobless rate fell for residents (3.1 percent from 3.2 percent in the March quarter) and citizens (3.3 percent from 3.5 percent). Some 3,500 workers were laid off, lower than the first quarter (4,000) and a year ago (4,800). The decrease over the quarter was broad-based across industries. Total employment fell 7,800, lower than a decline in the preceding quarter (9,400), but a reversal from the growth a year ago (2,100). 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 Jobless Rate Stays At 6-1/2-Year High In Q2


Singapore’s seasonally adjusted unemployment rate stood at 2.2 percent in the June quarter of 2017, the same as in the prior two quarters, preliminary estimates showed. The jobless rate remained at its highest level since the December quarter 2010.

In the three months to June, the jobless rate fell  for residents (3.1 percent from 3.2 percent in the March quarter) and citizens (3.3 percent from 3.5 percent). 

Some 3,500 workers were laid off, lower than the first quarter (4,000) and a year ago (4,800). The decrease over the quarter was broad-based across industries. Services continued to form the bulk of retrenchments/ redundancies (64 percent), followed by manufacturing (22 percent) and construction (13 percent).

Total employment fell 7,800, lower than a decline in the preceding quarter (9,400), but a reversal from the growth a year ago (2,100). The contraction occurred in construction (-9,500) and manufacturing (-2,500), mainly due to a decrease in Work Permit Holders. Services employment continued to grow (4,100, or 3,400 when Foreign Domestic Workers were excluded), though growth was slower than the previous quarter and a year ago. 

Ministry of Manpower l Rida Husna | rida@tradingeconomics.com
7/28/2017 3:01:37 AM



Calendar GMT Actual Previous Consensus Forecast (i)
2017-04-28 02:30 AM Q1 2.3% 2.2% 2.2%
2017-06-13 02:30 AM Q1 2.2% 2.2% 2.3% 2.3%
2017-07-28 02:30 AM Q2 2.2% 2.2% 2.2%
2017-09-15 02:30 AM Q2 2.2%
2017-10-23 02:30 AM Q3 2.3%
2017-12-13 02:30 AM Q3 2.3%


Singapore Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.20 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 45300.00 44500.00 67400.00 12000.00 [+]
Wages 5586.00 5379.00 5586.00 1302.00 SGD/Month [+]
Wages in Manufacturing 4220.00 4269.00 5056.00 3797.00 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 -7.80 8.50 73.20 -26.00 Thousands Person [+]


Singapore Unemployment Rate Notes

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 August of 2017.

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



unemployment rate by Country

Last
Spain 17.22 Jun/17
Brazil 13.00 Jun/17
Italy 11.10 Jun/17
Turkey 10.20 May/17
France 9.50 Jun/17
Euro Area 9.10 Jun/17
Canada 6.30 Jul/17
Australia 5.60 Jul/17
Indonesia 5.33 Mar/17
Russia 5.10 Jul/17
India 4.90 Dec/13
Netherlands 4.80 Jul/17
United Kingdom 4.40 Jun/17
United States 4.30 Jul/17
China 3.95 Jun/17
Germany 3.80 Jun/17
South Korea 3.60 Jul/17
Mexico 3.30 Jun/17
Switzerland 3.00 Jul/17
Japan 2.80 Jun/17