Singapore anticipates the slowest quarterly hiring outlook since 2009

In the latest Employment Outlook Survey by ManpowerGroup, it was revealed that out of the 632 Singaporean employers surveyed, only 8% expect to increase their hiring plans in the third quarter of this year (Q3 2017) while 4% predict a decrease in headcount. This puts the net employment outlook for Singapore at +4%, the least optimistic forecast reported by local employers since 2009.

Zooming into the Asia Pacific region, Hong Kong reports one of the highest hiring prospects, with a seasonally adjusted outlook of +15%. Meanwhile, joining the weakest forecasts in the region with Singapore is China, with an outlook of +4%.

Seasonally adjusted employment outlook Q3 2017

• Hong Kong: +15%
• China: +4%
• Singapore: +4%

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Lead image/ ManpowerGroup Infographics/ ManpowerGroup