Singapore’s Q2 2025 Labour Market Report Employment Growth: 10,400 more jobs were created overall. Non-residents gained 7,800 jobs, while residents gained 2,600.
Compared to Q1 2025, this is higher. In June 2025, the unemployment rate remained steady at 2.0%. The unemployment rate for citizens decreased from 3.1% to 2.9%, while that of residents decreased from 2.9% to 2.8%. The unemployment rate for long-term residents remains stable at 0.9%. Job openings decreased from 81,100 to 76,900, but there are still more openings than applicants (ratio: 1.35). Retrenchments: stayed low at 3,540, or 1.4 per 1,000 workers.
Outlook: Hiring and wage growth may be slowed by global uncertainty; layoffs may slightly increase but stay low. Despite global challenges, the report affirms that Singapore’s labor market is stable and resilient.