A Singapore Government Agency Website
The labour market displayed steady improvement in 2Q 2022.
This edition also carries a technical note on “The Importance of Industry Classification for Labour Market Data”. In this article, we explain how Singapore compiles labour market data by industry based on the Singapore Standard Industrial Classification, which is a standard taxonomy that defines industries based on their economic activities. It also details how the taxonomy can be used to interpret labour market data, and why it is updated regularly.
For more key findings, please refer to the executive summary of the report.