Singapore’s seasonally adjusted unemployment rate was revised lower to 2.0% in the first quarter of 2026 from 2.1% in the preliminary estimates, holding steady at 2.0% for five consecutive quarters. The resident unemployment rate remained unchanged at 2.9%, while the citizen unemployment rate edged higher to 3.1% from 3.0%. Retrenchments remained low at 3,830 workers, a slight increase from 3,690 in Q4, equivalent to 1.5 per 1,000 employees. Meanwhile, total employment increased by 9,400 in Q1 2026, marking the 18th consecutive quarter of growth since 4Q 2021. Resident job growth was led by administrative & support services and transportation & storage, while non-resident employment growth was supported by construction and manufacturing. Looking ahead, labour market conditions are expected to remain resilient, although firms may adopt a more cautious approach in hiring and wage increases amid heightened global economic uncertainty and geopolitical tensions.