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

Singapore’s seasonally adjusted unemployment rate came in at 2.2 percent in the September quarter of 2017, the same as in the previous three quarters but slightly above the preliminary estimate of 2.1 percent. The jobless rate remained at its highest level since the fourth quarter 2010, as employment continued to decline while there were still more unemployed persons than job vacancies. 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 Revised Up to 2.2% In Q3


Singapore’s seasonally adjusted unemployment rate came in at 2.2 percent in the September quarter of 2017, the same as in the previous three quarters but slightly above the preliminary estimate of 2.1 percent. The jobless rate remained at its highest level since the fourth quarter 2010, as employment continued to decline while there were still more unemployed persons than job vacancies.

In the three months to September, the jobless rate was unchanged for residents (3.1 percent) while declined slightly for citizens (3.2 percent from 3.3 percent). However, the rates remained higher than a year ago.

Total employment contracted by 2,300, following declines in the prior two quarters, due to sustained falls in Work Permit Holders in construction (-9, 500 from -10,500 in Q2) and manufacturing (-2,100 from -3,600). Meantime, services sector saw employmrent rose at a faster pace (9,200 from 7,000).

Some 3,400 workers were laid off, lower than 3,640 workers in the June quarter and a year ago (4,220). The decline came from manufacturing ( 730 from 840 in Q2) and services (2,180 from 2,330), while layoffs rose in construction (490 from 470). Services formed the bulk of the retrenchments (64 percent), mainly in wholesale trade (14 percent) and financial services (13 percent).

The rate of re-entry among retrenched residents rose to 66.0 percent, after holding steady in the preceding three quarters. The increase in re-entry rate was broad-based across most age, occupational and education groups. 

The number of job vacancies among private sector establishments with at least 25 employees and the public sector was unchanged from the prior quarter at 49,000. Including the estimated number of job vacancies from private sector establishments with less than 25 employees, the number of job vacancies for the whole economy rose slightly. Along with fewer job seekers, the seasonally adjusted ratio of job vacancies to unemployed persons improved to 87 job vacancies per 100 unemployed persons in the September quarter from 85 in Q2, continuing the uptrend observed this year. Yet, there were still more unemployed persons than job vacancies.

The seasonally adjusted recruitment rate was unchanged from the previous quarter (at 2.1 percent). Meanwhile, resignation rate rose by 1.8 percent. It was the levels held prior to the brief decline in the second quarter of 2017.


Ministry of Manpower Singapore l Rida Husna | rida@tradingeconomics.com
12/13/2017 3:27:34 AM



Calendar GMT Actual Previous Consensus TEForecast
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 2.2% 2.2% 2.1% 2.1%
2018-01-26 02:30 AM Unemployment Rate Prel 2.2% 2.2%
2018-03-15 02:30 AM Unemployment Rate Final 2.2%
2018-04-27 02:30 AM Unemployment Rate Prel 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 109.40 109.40 136.30 57.37 Index Points [+]
Productivity 109.40 109.40 136.30 57.37 Index Points [+]
Job Vacancies 53100.00 50000.00 67400.00 12000.00 [+]
Wages 4795.00 4939.00 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 January of 2018.

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




unemployment rate by Country
Country Last
Spain 16.38 Sep/17
Brazil 12.00 Nov/17
Italy 11.00 Nov/17
Turkey 10.30 Oct/17
France 9.70 Sep/17
Euro Area 8.70 Nov/17
Canada 5.70 Dec/17
Australia 5.50 Dec/17
Indonesia 5.50 Sep/17
Russia 5.10 Nov/17
Netherlands 4.40 Dec/17
United Kingdom 4.30 Oct/17
United States 4.10 Dec/17
China 3.95 Sep/17
Germany 3.60 Nov/17
South Korea 3.60 Dec/17
India 3.46 Dec/16
Switzerland 3.30 Dec/17
Mexico 3.10 Dec/17
Japan 2.70 Nov/17


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