Singapore’s seasonally adjusted unemployment rate edged up to 2.1% in the first quarter of 2026, after holding steady at 2% for four consecutive quarters, according to preliminary estimates. It marked the highest level since Q1 2024, with the resident unemployment rate remaining unchanged at 2.9%, while the citizen unemployment rate ticked higher to 3.1% from 3%. Retrenchments remained stable at 3,700 workers, broadly unchanged from 3,690 in the previous quarter, or 1.5 per 1,000 employees. Meanwhile, total employment grew by 5,000 in Q1 2026, stronger than 2,300 from a year earlier but well below the 17,700 increase in Q4 2025. Resident job growth was led by transportation and storage, and administrative and support services, while non-resident employment gains were led by construction. Looking ahead, the labour market is expected to remain tight and expand, but firms are likely to stay cautious on hiring and wages amid ongoing uncertainty and geopolitical tensions. source: Ministry of Manpower Singapore
Unemployment Rate in Singapore increased to 2.10 percent in the first quarter of 2026 from 2 percent in the fourth quarter of 2025. Unemployment Rate in Singapore averaged 2.41 percent from 1986 until 2026, reaching an all time high of 6.00 percent in the first quarter of 1986 and a record low of 1.40 percent in the second quarter of 1990. 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 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.
Unemployment Rate in Singapore increased to 2.10 percent in the first quarter of 2026 from 2 percent in the fourth quarter of 2025. Unemployment Rate in Singapore is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Unemployment Rate is projected to trend around 1.90 percent in 2027, according to our econometric models.