\n<\/p>\n
The moderation was mainly driven by slower growth in non-resident employment, which is concentrated in the construction and manufacturing sectors, said MOM.<\/p>\n
“I know many Singaporeans are concerned about the economy, the global uncertainty and what AI means for their jobs,” said Dr Tan.<\/p>\n
“These are very real concerns. We understand the challenges that many workers and many fresh graduates have faced, but I want to reassure everyone that even amidst these uncertainties, there are some encouraging signs in the labour market.”<\/p>\n
He pointed to resident employment growing at a faster rate compared with the previous quarter, from a 3,100 increase in Q4 2025 to 5,400 in Q1 2026.<\/p>\n
These gains were in administrative and support services, mainly in employment activities and travel-related services, and in jobs such as customer service, administrative clerks and travel agency clerks.<\/p>\n
Resident employment also grew in transportation and storage, and public administration.<\/p>\n
Despite higher employment by financial institutions, resident employment shrank in the financial and insurances services category, which reflects that the effect is largely concentrated among self-employed workers in this sector.<\/p>\n
“Firms may be prioritising leaner but permanent headcount, while workers gravitate towards stability amid uncertainty,” said MOM.<\/p>\n
Job vacancies fell to 73,300 in March from 77,700 in December 2025, driven by a decline in non-PMET vacancies.<\/p>\n
There continued to be more job vacancies than unemployed people, although the overall ratio of vacancies to the unemployed declined to 1.46 in March from 1.58 in December 2025.<\/p>\n
Unemployment rates in March remained low and stable, said MOM \u2013 at 2 per cent overall, 2.9 per cent for residents and 3.1 per cent for citizens.<\/p>\n
The resident long-term unemployment rate held steady at 0.9 per cent.<\/p>\n<\/div>\n
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The moderation was mainly driven by slower growth in non-resident employment, which is concentrated in the construction and manufacturing sectors, said MOM. “I know many…<\/p>\n","protected":false},"author":1,"featured_media":60877,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/dam.mediacorp.sg\/image\/upload\/s--PzKiK_XP--\/c_crop,h_900,w_1600,x_0,y_152\/c_fill,g_auto,h_676,w_1200\/fl_relative,g_south_east,l_mediacorp:cna:watermark:2021-08:cna,w_0.1\/f_auto,q_auto\/v1\/mediacorp\/cna\/image\/2026\/05\/28\/office-workers.jpg?itok=n2b2oQm_","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[642,1245,16572,12634,24764,1565,200,24105,1569,24763,22,4041],"class_list":["post-60876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-news-sg-global","tag-among","tag-climb","tag-degree","tag-holders","tag-incidence","tag-mom","tag-older","tag-retrenchments","tag-rise","tag-sharpest","tag-singapore","tag-workers","wpcat-2-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/60876","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=60876"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/60876\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/60877"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}