Less job switching, especially by those in their 20s, suggests growing caution among workers, says MOM

Less job switching, especially by those in their 20s, suggests growing caution among workers, says MOM


SELF-EMPLOYED AND PLATFORM WORKERS

The proportion of self-employed workers, which includes platform workers, stayed low at 11.8 per cent in 2025. This figure has fallen in recent years as a post-pandemic hiring surge drew more workers into regular employee jobs, said MOM.

The number of residents who do self-employed work as their main job increased from 169,000 in 2024 to 179,200 this year.

The vast majority of them choose self-employment because they prefer it, with this share of workers rising to 95.5 per cent this year – the highest level since 2016.

Flexibility in working hours and location, freedom in choice of work and greater control over their careers are the most popular reasons for choosing self-employment.



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