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Report: Labour Force In Singapore Advance Release 2021
Released on:1/12/2021 10:30 AM

​​​​​​Report: Labour Force In Singapore Advance Release 2021​


KEY INSIGHTS

Various indicators performed better in 2021 than in 2020. In fact, some have already recovered to or performed better than pre-COVID levels.

  1. Resident employment rate rose significantly to above pre-COVID levels, with improvements across broad age groups and gender.
  2. Real incomes rose, with median income surpassing pre-COVID levels. Real income at the 20th percentile rebounded to around pre-COVID levels, and surpassed pre-COVID levels after including government transfers.
  3. Unemployment and time-related under-employment rates improved and discouraged workers declined, but they remained above pre-COVID levels.

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