LABOUR MARKET

Look Back 2019: No spike in layoffs, as firms remain cautious

There were fears that job losses would surge among locals amid the economic slowdown this year but firms largely played it safe by retaining staff and hiring cautiously.

A more upbeat scenario for Singapore job market

THE job market for 2019 has turned out to be better than predicted - and many private-sector economists and recruiters are looking at stepped-up hiring in the year ahead, with real salary hikes...

Gap between jobs and skills will widen as businesses transform: Josephine Teo

SINGAPORE - The gap between jobs and skills will widen as businesses transform in the digital economy, but Singapore must see this as an opportunity, said Manpower Minister Josephine Teo.

MAS rules out off-cycle policy meeting despite GDP outlook downgrade

SINGAPORE’S central bank will not move outside its usual schedule to change its monetary policy, chief economist Edward Robinson confirmed in a briefing early on Tuesday.

Bulk of retrenched residents in Q1 are PMETs

Professionals, managers, executives and technicians (PMETs) continued to make up the majority of retrenched residents in the first three months of this year, and will bear the brunt as the...

Expecting hefty bonus? Don't get your hopes up

More than two in 10 employees surveyed by recruitment firm Randstad Singapore expect bonuses worth three to five months of their salaries this year.

More Singaporeans find jobs, but long-term unemployment rate rises: MOM

MORE Singaporeans found jobs in the first half of this year than in the first six months of 2017, with local employment growth 1.5 times higher.

Singapore will lack 1m skilled workers by 2030: study

SINGAPORE is short of more than 1 million skilled workers - a gap that could translate into revenue losses of US$106.8 billion annually by 2030, according to a new study.

Rise of the machines needs to be matched with rise in skills

SCIENCE fiction has given us plenty of reasons to believe that a showdown between robots and humans will end badly - for us.

Time to relook foreign manpower restrictions?

FOREIGN labour restrictions have become part and parcel of doing business in Singapore. But in the run-up to Budget 2018, a segment of the business community is renewing calls to loosen manpower...

Firms in Singapore need to value talent

A survey finding that worker satisfaction here is steadily falling is disquieting to say the least - especially as Singapore has no natural resources and the biggest asset here is human talent....