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Singapore has the third lowest hiring outlook in APAC

Despite being relatively stable compared to the previous quarter, hiring rates in Singapore are expected to be lower as compared to other countries in Asia Pacific in the next three months (Q4 2015).

According to the latest Manpower Employment Outlook Survey, of the 665 local employers surveyed, 16% forecast an increase in headcount, 3% expect a decrease, and 69% don't foresee any changes in staffing levels in the last quarter of this year.

After adjustment to allow for seasonal variation, hiring in Singapore is expected to increase by 12% this quarter, remaining steady from the previous quarter (+13%).

Employers in all seven industries monitored expected an increase in headcount in Q4, with the maximum expected in the finance, insurance & real estate sector (+18%) as well as the public administration & education sector (+18%).

manpowerGroup employment outlook Q4 2015 sectors

Image: Shutterstock

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