11 December 2025, 12:14  Singapore: Jobless Rate Steady at 2%

Singapore’s seasonally adjusted unemployment rate stood at 2.0% in the third quarter of 2025, unchanged from the previous quarter and confirming preliminary estimates. Supported by ongoing economic growth, the labour market stayed resilient, with total employment rising at a faster pace while unemployment and retrenchments remained low. Total employment increased sharply during the quarter (25,100 vs 10,400 in Q2), driven by gains among both resident and non-resident workers. Growth in resident employment was led by the financial and insurance services and health and social services sectors, while non-resident employment expanded mainly in construction and manufacturing. Retrenchments remained low at 3,670 (1.6 retrenched per 1,000 employees), with reorganisation or restructuring continuing to be the main reason (at 61%). Looking ahead, employment and wage growth are expected to moderate.

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