{"id":24542,"date":"2025-12-31T07:07:38","date_gmt":"2025-12-30T23:07:38","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=24542"},"modified":"2025-12-31T07:07:38","modified_gmt":"2025-12-30T23:07:38","slug":"more-contract-hiring-higher-foreign-labour-costs-the-trends-shaping-singapores-manpower-landscape-in-2026","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=24542","title":{"rendered":"More contract hiring, higher foreign labour costs: The trends shaping Singapore\u2019s manpower landscape in 2026"},"content":{"rendered":"<p><br \/>\n<\/p>\n<p>Gloomier hiring sentiment persists despite economy ending year on better-than-expected note<\/p>\n<div data-testid=\"article-body-container\">\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">[SINGAPORE] A rise in contract or project-based roles is among several trends expected to shape the labour market in 2026, as <a class=\"text-verticals-btblue underline\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/www.businesstimes.com.sg\/singapore\/more-employers-plan-freeze-hiring-moderate-wages-business-sentiment-dips-snef-poll\" target=\"_blank\" rel=\"noopener\">hiring sentiment cools sharply<\/a> in the uncertain economic climate, said watchers. <\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Chua Han Teng, DBS senior economist, said: \u201cFirms are likely holding a prudent stance for 2026, due to still-elevated global economic and trade policy uncertainties, even with some de-escalation in tariff tensions since Liberation Day.\u201d <\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">He expects Singapore\u2019s overall unemployment rate to inch up marginally to a \u201cstill-low 2.2 per cent\u201d in 2026, from 2 per cent in 2025.<\/p>\n<div data-testid=\"article-btg-newsletter-component\" class=\"border-t border-gray-175 py-3\">\n<div>\n<p class=\"font-lucida text-xl font-medium italic leading-normal -tracking-5% text-gray-850\">Decoding Asia newsletter: your guide to navigating Asia in a new global order. <span class=\"inline border-none p-0 font-lucida text-inherit text-xl font-medium italic leading-normal !-tracking-5% text-verticals-btblue !underline outline-none\">Sign up here to get Decoding Asia newsletter.<\/span> Delivered to your inbox. Free.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.businesstimes.com.sg\/singapore\/more-contract-hiring-higher-foreign-labour-costs-trends-shaping-singapores-manpower-landscape-2026\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gloomier hiring sentiment persists despite economy ending year on better-than-expected note [SINGAPORE] A rise in contract or project-based roles is among several trends expected to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1864,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-24542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/24542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24542"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/24542\/revisions"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}