45K+ vacancies in Singapore pay a median of S$7,300/mth

Disclaimer: Except in any other case acknowledged, any opinions expressed beneath belong solely to the writer. Knowledge sourced from the most recent labour market report launched by the Ministry of Manpower, supplemented with figures from earlier releases the place essential.

Singapore’s Ministry of Manpower (MOM) has simply launched its newest Labour Market Report for Q1 of 2025, and it’s a little bit of a blended bag of indicators—though, as ever for Singapore, they’re all actually relatively good in comparison with different international locations.

That mentioned, on the one hand, the general employment elevated by 2,400 individuals within the final quarter, and there are over 134,000 vacancies in your complete economic system. On the opposite, each the resident and citizen unemployment figures nudged up a bit to 2.9% and three.1% respectively, exhibiting {that a} bigger proportion of locals are in search of a job.

In whole, there are 81,800 unemployed individuals in Singapore, together with 62,600 residents. That mentioned, now we have to keep in mind that it doesn’t imply that each one of those persons are struggling to discover a job, however relatively that so many are merely in search of one.

In any case, there’s one thing referred to as pure unemployment, which is taken into account by economists to be someplace round 2%, and it displays the variety of staff in transition from one job to a different.

Lengthy-term unemployment fee amongst residents is simply 0.9%, though it too elevated in Q1 of 2025:

1000’s of vacancies, however listed below are those that pay

The overall estimated variety of vacancies in Singapore’s economic system is round 134,000, or 1.64 jobs for each unemployed particular person.

Nonetheless, MOM doesn’t accumulate particular information on all of them, simply those reported by personal corporations using no less than 25 individuals, and the general public sector. The variety of openings amongst them hit 82,200 in Q1, growing by 6,400 from the final quarter of 2024.

In different phrases, there are nonetheless loads of jobs in bigger corporations. What’s extra is that greater than half of them—45,300 to be precise—are within the PMET (Professionals, Managers, Executives & Technicians) class.

Crucially, these figures check with the variety of unfilled posts on the finish of the quarter for which an organization is actively recruiting staff from the skin. They exclude any inner hiring or positions crammed however not but energetic.

As we all know from MOM’s annual launch, the median wage (inclusive of employer CPF) within the Singapore economic system reached S$5,500 final yr. Nonetheless, the figures are vastly totally different between the PMET and non-PMET classes.

Whereas staff in clerical jobs, manufacturing or upkeep earn a median of simply S$3,000, these in PMET positions herald over S$7,300 every month, with males making S$7,800, or $1,000 greater than women.

Median salaries (together with employer CPF) in 2024:

The place are they?

Whereas MOM doesn’t checklist all openings, in fact—there are job boards and recruitment businesses for that—nevertheless it does present a breakdown by trade.

Please notice, these are Q1 figures for PMET positions solely, as reported by the Ministry of Manpower on Friday, June 27:

The federal government stays one of the vital hungry employers, with 8,700 openings, with an additional 4,000 within the healthcare sector. IT and finance are excessive on the checklist as nicely, with shut to six,000 vacancies every, adopted by skilled and authorized companies, in addition to different classes.

Relying in your training, background and expertise, now you can gauge your probabilities and potential competitors in your trade, earlier than diving into particular affords out there on recruitment web sites or within the press. Joyful looking!

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