Singapore adds 27,700 jobs in third quarter as unemployment stays at 2pc

Singapore’s total employment growth rose to 27,700 in the third quarter of 2026 from 11,400 in the previous quarter, according to preliminary data released by the Ministry of Manpower. — Reuters file pic

First Published: Friday, 30 Oct 2026 1:25 PM MYT

SINGAPORE, Oct 30 — Singapore’s labour market continued to expand in the third quarter (3Q) of 2026, with total employment growth rising to 27,700 from 11,400 in the previous quarter (2Q), according to preliminary data released by the Manpower Ministry (MOM).

In a statement, MOM said employment among both residents and non-residents continued to grow significantly in 3Q compared with the previous quarter.

“Resident employment growth continued to be mainly supported by essential and public services, while growth in outward-oriented sectors remained subdued amid global economic uncertainty.

“Non-resident employment growth continued to account for the majority of employment growth, mainly in sectors such as construction and manufacturing,” it said on tomorrow.

Nevertheless, the ministry noted that retrenchments edged up from 4,620 in 2Q to 4,800 in 3Q, remaining elevated in selected outward-oriented sectors.

“The overall unemployment rate remained unchanged at 2.0 per cent in September 2026,” it added.

Looking forward, MOM said companies will need to continue adapting and investing in their workforce, while workers will need to keep their skills relevant against a more uncertain global outlook and rapid technological change. — Bernama