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

Singapore’s seasonally adjusted unemployment rate edged down to 2 percent in the first three months of 2018 from 2.1 percent in the previous period, preliminary estimates showed. It was the lowest jobless rate since the March quarter 2016. 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 Q1 Jobless Rate Lowest in 2 Years


Singapore’s seasonally adjusted unemployment rate edged down to 2 percent in the first three months of 2018 from 2.1 percent in the previous period, preliminary estimates showed. It was the lowest jobless rate since the March quarter 2016.

In the first quarter, the jobless rate fell for residents (2.8 percent from 3 percent in the December quarter) and was unchanged for citizens (3.0 percent).

Total employment declined by 2,100, after a seasonal increase in the preceding quarter. The decline occurred in construction ( -5,900 from -5,700 in the prior quarter) and manufacturing (-4,300 from -1,300), largely due to fewer Work Permit Holders. In contrast, employment in services increased by 7.900 (from 18,200).

Some 2,100 workers were laid off, compared to 3,680 in the previous quarter and 4,000 a year ago. The decline over the first quarter 2018 occurred in manufacturing, services and construction. Services continued to form the bulk of retrenchments (60 percent) , followed by manufacturing (23 percent) and construction (16 percent).

For full 2017, unemployment rate in Singapore came in at 2.2 percent, the most since 2010.


Ministry of Manpower l Rida Husna | rida@tradingeconomics.com
4/27/2018 3:08:49 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-01-26 02:30 AM Unemployment Rate Prel 2.1% 2.2% 2.2%
2018-03-15 02:30 AM Unemployment Rate Final 2.1% 2.1% 2.1% 2.1%
2018-04-27 02:30 AM Unemployment Rate Prel 2.0% 2.1% 2.1%
2018-06-13 02:30 AM Unemployment Rate Final 2.1%
2018-07-27 02:30 AM Unemployment Rate Prel 2.0% 2.1%
2018-09-14 02:30 AM Unemployment Rate Final


Singapore Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.00 2.10 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 117.10 109.40 136.30 57.37 Index Points [+]
Productivity 117.10 109.40 136.30 57.37 Index Points [+]
Job Vacancies 46600.00 53100.00 67400.00 12000.00 [+]
Wages 5596.00 4795.00 5596.00 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 1.20 12.80 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 May of 2018.

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




unemployment rate by Country
Country Last
Spain 16.74 Mar/18
Brazil 13.10 Mar/18
Italy 11.00 Mar/18
Turkey 10.60 Feb/18
France 8.90 Dec/17
Euro Area 8.50 Mar/18
Canada 5.80 Apr/18
Australia 5.60 Apr/18
Indonesia 5.13 Mar/18
Russia 5.00 Mar/18
United Kingdom 4.20 Mar/18
Netherlands 3.90 Apr/18
United States 3.90 Apr/18
China 3.89 Mar/18
South Korea 3.80 Apr/18
India 3.52 Dec/17
Germany 3.40 Mar/18
Mexico 2.90 Mar/18
Switzerland 2.70 Apr/18
Japan 2.50 Mar/18


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