​​​​​​​​​​​​​​​​

​​For release: 9 January 2023
​​

Unemployment rates remained low and held steady at pre-COVID levels in November 2022 (overall: 1.9%; resident: 2.8%; citizen: 2.9%).¹ There were 65,700 residents² unemployed in November 2022, of which 58,800 were citizens.​^{3, 4}

​As the labour market remains tight, we expect the resident unemployment situation to hold steady. Nonetheless, short-term fluctuations can be expected as unemployment rates have reached a steady state. These are likely to be frictional in nature, reflecting voluntary movements in and out of jobs, and the labour force.​

 ​

 ​                            

 

Manpower Research and Statistics Department,

Ministry of Manpower

​ 

 

____________________​

1 In the pre-COVID quarters of 2018/2019, the average unemployment rates were 2.2% at the overall, 3.0% for residents and 3.2% for citizens.

2 “Residents” refer to Singapore Citizens and Permanent Residents.

3 Based on seasonally adjusted data on number of unemployed persons.

4 ​Refer to ​Explanato​r​y​​ Notes for more information.