Hiring Optimism in Singapore reach a record high for Q3 2022

Singapore’s Net Employment Outlook for Q3 2022 is +40%. The Outlook improves by 15 percentage points from Q2 2022 and by 24 percentage from one year ago.

Over 520 Singapore emplyoers shared their hiring plans for Q3 2022

Employers hiring plans graph for Q3 2022

Key Findings

  • Singapore’s Net Employment Outlook is +40%, reaching its highest recorded level since we started tracking, with a previous high of +31% in Q4 2011.

  • All 11 sectors anticipate positive headcount growth in Q3: Most competitive hiring intentions are reported by Banking, Finance, Insurance and Real Estate employers.

  • Talent shortage level in Singapore reach a new high: 84% Singapore employers report difficulty in filling roles – a 20 percent increase from 2021.

  • Most difficult to fill roles are in Restaurants & Hotels (97%), Other Services (89%) and Construction (88%).

  • The top in-demand roles are IT & Data (52%), Operations & Logistics (29%), Sales & Marketing (26%), Manufacturing & Production (24%) and Customer Facing & Front Office (16%) roles.

 

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Our Past Reports

The ManpowerGroup Employment Outlook Survey is one of the most trusted surveys of employment activity in the world. Every quarter, we ask more than 600 Singapore hiring managers about their hiring plans for the next three months. ManpowerGroup has been providing this valuable insight to the greater business community for more than 50 years.

An archive of the past 4 years’ reports is provided below.