Report: ​Employment Situation, 2014

This release provides preliminary estimates of key indicators on the manpower situation covering unemployment, employment and redundancy for the full year and includes trends on Singaporeans’ monthly income from work.

Key findings: The labour market remained tight. Unemployment for residents and citizens fell in December, even as redundancy rose slightly amidst business restructuring. Employment growth of locals rose, as foreign employment growth continued to moderate. There was a sustained increase in median income for Singaporeans over the last five years, even though growth moderated over the year in 2014.

For more key findings, please refer to the highlights of the report.