​Advance estimates point to a resilient labour market in 2Q 2025, supported by continued economic growth. Total employment rose, with stronger increases for both residents and non-residents compared to 1Q 2025. Unemployment rates and retrenchments remained stable. However, signs of softening continued to emerge in some outward-oriented sectors, which saw further declines in resident employment growth. Looking ahead, employment is expected to continue expanding, though at a more moderate pace than in 2024. Business sentiment remains cautious, with hiring and wage expectations for 3Q 2025 dipping slightly from 2Q 2025.

For more information, please refer to the full Labour Market Advance Release Second Quarter 2025​ ​report.​