Singapore’s seasonally adjusted unemployment rate was revised lower to 2.0% in the first quarter of 2026 from 2.1% in the preliminary estimates, holding steady at 2.0% for five consecutive quarters. The resident unemployment rate remained unchanged at 2.9%, while the citizen unemployment rate edged higher to 3.1% from 3.0%. Retrenchments remained low at 3,830 workers, a slight increase from 3,690 in Q4, equivalent to 1.5 per 1,000 employees. Meanwhile, total employment increased by 9,400 in Q1 2026, marking the 18th consecutive quarter of growth since 4Q 2021. Resident job growth was led by administrative & support services and transportation & storage, while non-resident employment growth was supported by construction and manufacturing. Looking ahead, labour market conditions are expected to remain resilient, although firms may adopt a more cautious approach in hiring and wage increases amid heightened global economic uncertainty and geopolitical tensions. source: Ministry of Manpower Singapore
Unemployment Rate in Singapore remained unchanged at 2 percent in the first quarter of 2026 from 2 percent in the fourth quarter of 2025. Unemployment Rate in Singapore averaged 2.40 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 June of 2026.
Unemployment Rate in Singapore remained unchanged at 2 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.