Daily News

View All News

Singapore – Labour market shows strong signs of recovery, Indeed finds

15 March 2021

Singapore’s job market recovery continued throughout February. According to Indeed, job postings exceeded pre-Covid levels in mid-October and have since surged during January and February.

By the end of February, the number of job listings in all categories and occupations was up 19.2% from their level on February 1 last year, after adjusting for seasonal trends.

Indeed’s data showed that the recovery is being led by STEM (science, technology, engineering, and mathematics) and medical fields, with postings more than tripling for scientific research and more than doubling for pharmacy, nursing and dental roles. Outside of these fields manufacturing, construction and warehousing are reporting strong demand for workers.

At the same time, Indeed’s data showed that the continued interruption of international travel has hampered the recovery in tourism and hospitality. Job postings in this area are still down 22% against their pre-crisis baseline. Other sectors, such as childcare, sports, legal and marketing also continue to struggle.

“The Singapore jobs recovery has strengthened during February, covering a broader range of occupations. Job postings for only a handful of occupations are below pre-Covid levels,” Indeed spokesperson, Callam Pickering, APAC Economist, said.

“Long-term trends favouring scientific and technological skills have continued during the Covid recovery. These workers are in high demand. We are also seeing the lingering impact of Covid restrictions in hospitality and tourism, which continue to be hampered by a lack of international travel,” Pickering said.