Education (16%), market research, public relations, and media & entertainment (15%) have recorded improvements in hiring activity over the past month.

As Singapore inches out of the pandemic, the job market continued to witness an "encouraging recovery pattern" in the month of April.

Overall, hiring activity in the country went up by 11%, the latest Monster Employment Index has revealed.

Here's a quick breakdown of the observations across individual sectors and roles:

Sectors in Singapore that witnessed increased hiring activities

With Singapore being a popular destination for international study, the education sector was severely impacted during the pandemic.

However, with the COVID-19 situation seen to be improving, the report noted a 16% increase in hiring activity in the sector in April, the second consecutive month of growth.

Similarly, market research, public relations, and media & entertainment saw a 15% increase in hiring activity, while banking, financial services, and insurance (BFSI) saw an 11% growth.

The following sectors recorded slightly lower growths:

  • retail/trade and logistics (+6%)
  • hospitality (+5%)
  • IT, telecom/ISP and BPO/ITES (+4%)
  • engineering, construction and real estate (+2%)
  • healthcare (+2%)
  • production/manufacturing (+1%)

Sectors in Singapore that saw a decline in hiring activities 

While the above was so, certain sectors did record a drop in hiring activities in the month of April.

In particular, the Government/PSU/defence sector and the consumer goods/FMCG sector saw a 10% decrease, respectively.

At the same time, import/export, and shipping/marine saw decreases as well (-9%, -4%, and -2% respectively), which the report attributed to the possible impact of the Russia-Ukraine war, the global supply chain crisis, and the ban of palm oil export by Indonesia.

Job roles that were most in demand in Singapore

Per the report, job roles in finance & accounts were more popular in April, with openings up by 35%; followed by job roles in software, hardware, and telecom which saw openings up by 34%.

The rest of the functions which had a better outlook include:

  • legal (+26%)
  • HR & admin (+22%)
  • marketing & communications (+19%)
  • real estate (+12%)

Commenting on the findings, Sekhar Garisa, CEO, Monster.com - APAC & Gulf said: "As Singapore moves closer to pre-pandemic levels, we are hopeful to see a close to full recovery in the coming months, especially in sectors such as education and travel & tourism.

"Moreover, with the ongoing economic recovery, the country is expected to witness an upward trend in jobs with demand for workers surging in the coming days."


About the Monster Employment Index

The Monster Employment Index analyses online job posting activity conducted by Monster India.

Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, the Monster Employment Index presents a snapshot of employer online recruitment activity nationwide.

The data above was collected between 1 to 30 April 2022.


Image / 123RF

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