1. Total employment grew by 25,100 (5,600 residents and 19,500 non-residents) in 3Q 2025, stronger than the growth of 10,400 in 2Q 2025. Growth in resident employment was led by Financial & Insurance Services and Health & Social Services, while non-resident employment grew mainly in Construction and Manufacturing.
   
   
2. The overall unemployment rates in September 2025 (overall: 2.0%; resident: 2.8%; citizen: 3.1%) were similar to June 2025. The resident long-term unemployment rate continued to hold steady over the quarter at 0.9% in September 2025.
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3. Following 16 consecutive quarters of employment growth, the number of job vacancies eased further from 76,900 in June 2025 to 69,200 in September 2025. The decline was broad-based across most sectors. Even so, there remained more vacancies than the number of job seekers, with the ratio of job vacancies to unemployed persons standing at 1.49.
   
   
4. The average monthly recruitment rate (3Q 2025: 1.8%) has consistently exceeded the average monthly resignation rate (1.2%) post-pandemic.
   
   
5. Retrenchments stayed low at 3,670 (or 1.6 retrenched per 1,000 employees) in 3Q 2025. The resident re-entry rate within six months post-retrenchment declined slightly from 56.3% in 2Q 2025 to 55.4% in 3Q 2025.
   
   
6. Going forward, we expect employment and wage growth to moderate. Based on latest expectations data for 1Q 2026, a smaller share of firms expects to hire or raise wages over the next three months compared to September 2025.
   

​​​​​​For more key findings, please refer to the executive summary​ of the report.​​​

This report also features an article on Labour Demand and Hiring Dynamics which examines Singapore’s hiring landscape through trends in job vacancy, labour turnover and re-entry of retrenched workers.