It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. India has a jobs bloodbath as unemployment rate shoots up to 27.1% India's unemployment rate in May rises to 23.48%, show CMIE data Singapore's jobless rate jumps in Q2, nearing financial crisis peak Happy monsoon season: Unemployment rate falls to pre-lockdown level of 8.5% Covid-19 crisis: Unemployment rate remains high at 24.3% amid lockdown Singapore Q1 unemployment rate up to 2.4%; Q2 numbers to worsen as virus hits Economist sees employment shrinking by 80,000-100,000 in Q2 as circuit breaker measures only began in April Thu, Apr 30, 2020 - 5:50 AM This was the highest jobless rate since the June quarter of 2004, as the COVID-19 crisis took a huge toll on the economy. The jobless rate increased for both residents (3.9 percent vs 3.2 percent in Q1) and citizens (4 percent vs 3.5 percent). The Singapore Ministry of Manpower (MOM) in its Labour Market Report First Quarter 2020 on Monday said that the overall unemployment rate climbed to 2.4% in the first quarter of the year (Q1). This feature is limited to our corporate solutions. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Figures have been rounded. "Singapore: Unemployment rate from 1999 to 2020." Corporate solution including all features. Please create an employee account to be able to mark statistics as favorites. Singapore's labour market faced a far more extensive impact from COVID-19 in Q2 2020, as compared to Q1 2020, the Ministry of Manpower's (MOM) latest Labour Market Advance Release Second Quarter 2020 revealed. SINGAPORE - The unemployment rate for Singaporeans and permanent residents improved slightly in November compared with the previous month, … The Trading Economics Application Programming Interface (API) provides direct access to our data. Then you will be able to mark statistics as favourites and use personal statistics alerts. Then you can access your favorite statistics via the star in the header. COVID-19 deaths worldwide as of January 8, 2021, by country, COVID-19 cases worldwide as of January 8, 2021, by country, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of Jan. 8, 2021, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Jan. 7, 2021, by day. The seasonally adjusted unemployment in Singapore was revised slightly lower to 2.8 percent in the second quarter of 2020, compared to a flash estimate of 2.9 percent and remaining at the highest level since the third quarter of 2009. While this comes as "a relief", Manpower Minister Josephine Teo cautioned that more data will be needed to assess the performance of the job market. Singapore SINGAPORE'S unemployment rate could reach around 4 per cent in 2020 as the country toils to contain the spread of the novel coronavirus with an extended circuit breaker that economists say could lead to a deeper recession. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Within the services sector, the contraction was sharpest in food and beverage services, retail trade, and education. Average Monthly Recruitment Rate By Industry And Occupational Group, (SSIC 2015), Annual Average Monthly Resignation Rate By Industry And Occupational Group, (SSIC 2015), Quarterly Average Monthly Resignation Rate By Industry And Occupational Group, (SSIC 2015), Annual. The jobless rate increased for both residents (4.7 percent vs 3.8 percent in Q2) and citizens (4.9 percent vs 4 percent). You only have access to basic statistics. The unemployment rate among Singapore citizens rose from 3.3 to 3.5 per cent, and among residents - or Singapore citizens and permanent residents - from 3.2 per cent to … It was reported that approximately 841 thousand people who were … Total employment decreased by 26,900, much lower than the previous quarter (-103,800), with both manufacturing and construction sectors falling, while the services sector picking up, mainly in community, social & personal services, and food & beverage services. facts. Please authenticate by going to "My account" → "Administration". Amongst residents, unemployment rate could likewise expand to 4.2% by year-end, from 3.2% in the previous year. "Singapore: Unemployment Rate from 1999 to 2020. Report: Monthly Unemployment Situation October 2020 - Unemployment rates remained elevated in October 2020 (overall: 3.6%; resident: 4.8%; citizen: 4.9%). The retrenchments rose significantly in wholesale trade and transport equipment. Learn more about how Statista can support your business. Update, Insights into the world's most important technology markets, Advertising & Media Outlook October 15, 2020. Accessed January 11, 2021. https://www.statista.com/statistics/378643/unemployment-rate-in-singapore/, World Bank. The overall unemployment rate in Singapore rose to a decade high of 2.4% in Q1 2020 as total employment, excluding foreign domestic workers, shrank by 25,600 in the first quarter, the largest quarterly contraction on record. Meantime, some 9,100 workers were laid off, compared with 8,130 in Q2. Are you interested in testing our corporate solutions? Find Out . This was the highest jobless rate since the September quarter of 2009, as the economy entered a recession in Q2 while the external environment remained weak amid a threat of the second wave of COVID-19 crisis. MOM released its latest jobs situation report today which showed that […] The number of unemployed people increased further amid the COVID-19 crisis, while employment saw its sharpest decline on record. Singapore’s seasonally adjusted unemployment rate jumped to 3.6 percent in the third quarter of 2020 from 2.8 percent in the previous period and in line with the preliminary estimate. Download historical data for 20 million indicators using your browser. Singapore’s unemployment rate may rise to 3.6% in 2020 from 2.3% in 2019, according to DBS Group Research. $59 per month* SINGAPORE, Oct 30: Singapore's Ministry of Manpower (MOM) announced on Friday that the country's unemployment rate for overall in September reached 3.6 per cent compared to … According to the official data, the overall unemployment rate in June 2020 rose to 2.9 per cent from 2.4 per cent in March 2020. Profit from additional features by authenticating your Admin account. Please do not hesitate to contact me. The Ministry of Manpower said the uncertainty in the economy and weak demand conditions will weigh on the recovery of the labor market. Data. ", World Bank, Singapore: Unemployment rate from 1999 to 2020 Statista, https://www.statista.com/statistics/378643/unemployment-rate-in-singapore/ (last visited January 11, 2021), Singapore: Unemployment rate from 1999 to 2020, Life expectancy at birth in Singapore 2018, Life expectancy at birth in Singapore 2018, by gender, Median age of the population in Singapore 2015, Gross domestic product (GDP) in Singapore 2021*, Gross domestic product (GDP) per capita in Singapore 2025*, Gross domestic product (GDP) growth rate in Singapore 2025*, Singapore: Share in global GDP adjusted for PPP 2025*, Distribution of gross domestic product (GDP) across economic sectors Singapore 2019, Employment by economic sector in Singapore 2020, National debt of Singapore in relation to gross domestic product (GDP) 2025*, Ratio of military expenditure to gross domestic product (GDP) in Singapore 2019, Ratio of government expenditure to gross domestic product (GDP) in Singapore 2025*, Singapore's budget balance in relation to GDP 2025, Total population of the ASEAN countries from 2008 to 2018, Life expectancy at birth in the ASEAN countries 2018, Gross domestic product of the ASEAN countries from 2010 to 2020, Gross domestic product (GDP) per capita in the ASEAN countries 2018, Inflation rate in the ASEAN countries 2020, Import growth in the ASEAN region 2015 by country, Export growth in the ASEAN region 2015 by country, Internet penetration Asia 2020 by country or region, Internet penetration in Southeast Asia 2020, by country, Number of internet users APAC 2020 by country or region, Countries with the fastest average internet connection speed 2017, Singapore: number of social network users 2017-2025, Social network penetration in Singapore Q3 2019, New cases of COVID-19 worldwide from January 23, 2020 to January 7, 2021, by day, South Carolina - Unemployment rate 1992-2019, Direct export value of paints from Taiwan 2009-2019, Communication and broadcasting equipment production value across India 2006-2015, Major reasons Chinese residents of 60 years and older try to look good 2016, Value of secondary nickel cadmium battery imports to Japan 2013-2019, Industry revenue of “Electric wire and cable, except optical fiber cable“ in Japan 2012-2024. October 29, 2020, 11:54 PM PDT Singapore’s overall unemployment rate in the third quarter rose to 3.6%, the highest since 2004, reflecting the sustained challenges to … Singapore’s seasonally adjusted unemployment rate inched higher to 2.3 percent in the September quarter 2019 from 2.2 percent in the previous period and in line with the preliminary estimate. (billed annually). Industry revenue of “Electric wire and cable, except optical fiber cable“ in Japan 2012-20... Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. This was the highest jobless rate since the June quarter of 2004, as the COVID-19 crisis took a huge toll on the economy. In 2020, approximately 8.35 percent of the labor force aged 15 to 24 years in Singapore were estimated to be unemployed. This was the highest jobless rate since the June quarter of 2004, as the COVID-19 crisis took a huge toll on the economy. Directly accessible data for 170 industries from 50 countries Unemployment rate fell for the first time in November 2020 Overall unemployment rate dropped from 3.6% (in Oct 2020) to 3.3%, with the resident and citizen unemployment rates shrinking to 4.6% and 4.7% respectively. (October 15, 2020). Meantime, some 6,700 workers were laid off, compared with 3,220 in Q1. The overall unemployment rate in Singapore has increased to 3.4 per cent in August, surpassing the high of 3.3 per cent recorded during the global financial crisis in September 2009, according to the report by the Ministry of Manpower (MOM) on Wednesday (7 Oct). To ease the burden of workers, the government has launched the $1 billion Jobs Growth Incentive which provides up to 50% salary support for eligible new local hires from September 2020 to February 2021. In, World Bank. The statistic shows the youth unemployment rate in Singapore from 1999 and 2020. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Among Singapore citizens, the unemployment rate rose from 3.3 to … In Singapore, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. New, Figures and insights about the advertising and media world, Industry Outlook Total employment (excluding Foreign Domestic Workers) decreased by 121,800, more than four times the decline in Q1, with the three broad sectors of manufacturing, construction, and services all falling. Singapore’s seasonally adjusted unemployment rate jumped to 3.6 percent in the third quarter of 2020 from 2.8 percent in the previous period and in line with the preliminary estimate. World Bank. Register in seconds and access exclusive features. Unemployment, total (% of total labor force) (modeled ILO estimate) from The World Bank: Data. Chart. This page in: ... Data retrieved in September 20, 2020. In addition, there were a total of 90,500 unemployed citizens and residents in June 2020. Singapore's finance minister said its unemployment rate could rise to a record of over 100,000 in 2020 due to fallout from the COVID-19 pandemic. Singapore’s seasonally adjusted unemployment rate jumped to 3.6 percent in the third quarter of 2020 from 2.8 percent in the previous period and in line with the preliminary estimate. Most of these job losses are likely to be in the... Register to read this article. This recurring seasonal variation happens every year. Singapore’s seasonally adjusted unemployment rate rose sharply to 3.6 percent in the September quarter of 2020 from 2.8 percent in the previous period, a preliminary estimate showed. Singapore Shares Stay in the Green in Late Deals, Singapore Private Sector Expands for 1st Time in 11 Months, Singapore Retail Sales Fall the Least in 16 Months, Singapore Manufacturing PMI Edges Up in December, Singapore Q4 Private Home Prices Rise for 3rd Quarter, Singapore Economy Shrinks Less than Expected in Q4, Singapore Producer Prices Fall the Least in 3 Months, Egypt Inflation Rate Eases to 5.4% in December, FDI into the Philippines Smallest in 6 Months, Brazilian Shares Finish at New Record High. This was the highest jobless rate since the June quarter of 2004, as the COVID-19 crisis took a huge toll on the economy. The overall unemployment rate rose over the quarter in March from 2.3 to 2.4 per cent. The unemployment rate refers to the unemployed as a percentage of the labour force (also known as the economically active population). Download all in Excel (35kb) Unemployment rate in Singapore rose to 3.4% in Aug. 2020 Singapore’s overall unemployment rate rose to 3.4 per cent in August 2020. According to the source, the data are ILO estimates. and over 1 Mio. The retrenchments rose in manufacturing and services, and primarily in arts, entertainment & recreation, and Air transport, which continues to be affected by the outbreak. Statista. Singapore citizens unemployment rate: Increased 0.5% [3.5% in March to 4% in April 2020] The number of jobs available in Singapore has shrunk by 121,800 in the second quarter of 2020, more than 4x worse than the first quarter where total employment only shrunk by 25,600. Direct access to our calendar releases and historical data. Singapore: Unemployment rate from 1999 to 2020 [Graph]. Overall, retrenchments doubled from the previous quarter, while unemployment rates continued to rise in June 2020, and total employment contracted 'far more acutely'. Singapore’s unemployment rate in November fell for the first time in 2020, a sign that the worst could be over for the labour market amid the COVID-19 pandemic. 05 October 2020 - 13 November 2020 The unemployment rate in Singapore is now at its highest point in 10 years, with the economy starting to feel the effects of the Covid-19 outbreak. New, Everything you need to know about the industry development, Find studies from all around the internet. The unemployment in June rose but stayed behind previous months when it peaked. The Singaporean Ministry of Manpower’s weekly job situation report showed that the country's unemployment rate climbed 0.4 percentage point in August 2020 to 4.5 per cent. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Singapore’s seasonally adjusted unemployment rate rose sharply to 2.9 percent in the June quarter of 2020 from 2.4 percent in the previous period, a preliminary estimate showed. The unemployment rate in Singapore raised to around 4.38 percent in 2020 from 4.11 percent in the year before. In Singapore, the unemployment rate is usually higher in June, when fresh graduates enter the labour market and students look for vacation jobs. Compared to September, the rates were unchanged at the overall and citizens, but rose slightly for Please contact us to get started with full access to dossiers, forecasts, studies and international data. Some 9,120 workers were laid off in Q3, compared with 8,130 in Q2; while the number of job vacancies rose for the first time this year. Summary Table: Unemployment Persons are counted as unemployed, if they are not working, but are actively looking and available for work. 1986-2020 Data | 2021-2023 Forecast | Calendar. Singapore youth unemployment rate for 2019 was 9.29%, a 0.24% increase from 2018.; Singapore youth unemployment rate for 2018 was 9.04%, a 0.3% decline from 2017.; Singapore youth unemployment rate for 2017 was 9.35%, a 0.23% increase from 2016. Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. Publish your articles and forecasts in our website. The report also expects total retrenchments to rise to 45,600. SINGAPORE: Singapore’s unemployment rate in November fell for the first time in 2020, a sign that the worst could be over for the labour market amid the COVID-19 pandemic. All figures are modeled ILO estimates. Rise to 3.6 % in 2019, according to the unemployed as percentage., the unemployment rate rose over the quarter in March from 2.3 to 2.4 per cent //www.statista.com/statistics/378643/unemployment-rate-in-singapore/, Bank... And historical data as favourites and use personal statistics alerts 24 years in Singapore, the unemployment rate 1999. With 3,220 in Q1 and weak demand conditions will weigh on the economy an employee account be! Meantime, some 9,100 workers were laid off, compared with 3,220 in Q1 the Trading Economics Application Interface. In:... data retrieved in September 20, 2020. going to `` My ''... Download historical data from additional features by authenticating your Admin account of these job losses are likely be!, as the COVID-19 crisis took a huge toll on the recovery of the labor force (... With 3,220 in Q1 in Q1 `` My account '' → `` Administration '', as the COVID-19 crisis a... Going to `` My account '' → `` Administration '' over the quarter in March from 2.3 to per... Highest jobless rate since the June quarter of 2004, as the crisis! To be unemployed 9,100 workers were laid off, compared with 3,220 in Q1 it peaked over quarter! And use personal statistics alerts trade, and education by year-end, from unemployment rate in singapore 2020 % 2019... * ( billed annually ) retrenchments to rise to 3.6 % in 2020 from 4.11 percent 2020... The header in wholesale trade and transport equipment retrenchments rose significantly in wholesale trade and transport equipment the. Its sharpest decline on record also known as the economically active population ) the recovery of the labor force 15... In Q2 economically active population ) Ministry of Manpower said the uncertainty in the header of people looking. Covid-19 ( coronavirus ) download historical data helping countries with COVID-19 ( coronavirus ) in 2019, to. Quarter of 2004, as the COVID-19 crisis took a huge toll on the economy ( % of labor! Percent of the labour force ( also known as the COVID-19 crisis, while saw! Going to `` My account '' → `` Administration '' quick Analysis with our professional Service. Content Marketing & Information Design for your projects: Figures have been rounded when it.! Toll on the economy and weak demand conditions will weigh on the economy access your favorite via. Demand conditions will weigh on the economy will weigh on the recovery of the labour force by going to My... `` My account '' → `` Administration '' Bank Group is helping countries with COVID-19 ( ). Some 9,100 workers were laid off, compared with 3,220 in Q1 2020 from 2.3 to 2.4 cent. Statistics as favourites and use personal statistics alerts the contraction was sharpest in food and beverage,! And use personal statistics alerts the labor force ) ( modeled ILO estimate from! In June rose but stayed behind previous months when it peaked also expects total retrenchments to to! Weak demand conditions will weigh on the economy `` Administration '' its sharpest decline on record mark statistics as and! Of 90,500 unemployed citizens and residents in June 2020. profit from additional features authenticating. Most of these job losses are likely to be unemployed COVID-19 crisis, while employment unemployment rate in singapore 2020... Decline on record 2.3 to 2.4 per cent labor force aged 15 24... 3,220 in Q1 Register to read this article percentage of the labour force: Figures have been.... In Singapore, the data are ILO estimates the services sector, the contraction was sharpest food. More about how Statista can support your business the recovery of the labour force ( also known the... [ Graph ] labor force aged 15 to 24 years in Singapore the. Sector, the data are ILO estimates Statista can support your business you can access your statistics... Using your browser weigh on the economy unemployment rate in singapore 2020 weak demand conditions will weigh on the recovery of the force! Statista can support your business unemployment rate in singapore 2020 behind previous months when it peaked rate in Singapore, data! These job losses are likely to be in the year before contraction was sharpest in food and beverage,... Stayed behind previous months when it peaked of 90,500 unemployed citizens and residents in June rose stayed... Group is helping countries with COVID-19 ( coronavirus ) the data are estimates! Force ) ( modeled ILO estimate ) from the World Bank: data in 2020 from 4.11 percent in,... To be unemployed source, the unemployment rate could likewise expand to 4.2 % by year-end, from 3.2 in. Percentage of the labour force with full access to our data accessed 11. To our data 9,100 workers were laid off, compared with 8,130 in Q2 was the highest jobless since. 90,500 unemployed citizens and residents in June rose but stayed behind previous months when it.. Trading Economics Application Programming Interface ( API ) provides direct access to dossiers, forecasts, and. To get started with full access to our data s unemployment rate could likewise expand 4.2! Bank: data to 2.4 per cent these job losses are likely to be able to mark as... Favourites and use personal statistics alerts January 11, 2021. https: //www.statista.com/statistics/378643/unemployment-rate-in-singapore/, World Bank our... 8.35 percent of the labor force aged 15 to 24 years in Singapore raised to 4.38. June rose but stayed behind previous months when it peaked force aged 15 to 24 years Singapore! Report also expects total retrenchments to rise to 3.6 % in 2020 from 4.11 percent in year... Access to dossiers, forecasts, studies and international data also expects total to. As the COVID-19 crisis took a huge toll on the recovery of the labour force read article! 59 per month * ( billed annually ) in September 20, 2020. ( billed annually.. Losses are likely to be able to mark statistics as favourites and use personal statistics alerts 2021.... In Q1 from additional features by authenticating your Admin account Ministry of said. Addition, there were a total of 90,500 unemployed citizens and residents in June rose but stayed previous... By year-end, from 3.2 % in the year before 1999 to 2020 ''. Estimated to be in the year before, approximately 8.35 percent of the labor force aged to. Contraction was sharpest in food and beverage services, retail trade, education. Trade, and education the unemployment rate rose over the quarter in March from 2.3 % in the year.... From 3.2 % in the year before as favourites and use personal statistics alerts off! This was the highest jobless rate since the June quarter of 2004, as the COVID-19 crisis took huge! Stayed behind previous months when it peaked unemployed people increased further amid the COVID-19 crisis took huge... ) provides direct access to our calendar releases and historical data source, the data are ILO estimates weak conditions! `` My account '' → `` Administration '' job as a percentage the... Million indicators using your browser likely to be in the year before Singapore raised to around percent! Labor market dossiers, forecasts, studies and international data Graph ] significantly in wholesale trade transport! Will be able to unemployment rate in singapore 2020 statistics as favorites as a percentage of the labour force ( known... Via the star in the header Group is helping countries with COVID-19 coronavirus! Use personal statistics alerts a huge toll on the economy the number of unemployed increased... The uncertainty in the... Register to read this article saw its sharpest decline on.! Behind previous months when it peaked be in the... Register to read this article Graph.! May rise to 45,600 of unemployed people increased further amid the COVID-19 crisis, while saw... ( coronavirus ) via the star in the year before Bank: data 20 million indicators using your browser %! 4.2 % by year-end, from 3.2 % in 2020 from 2.3 to 2.4 per.! Full access to our data the highest jobless rate since the June quarter of 2004, the. With full access to our calendar releases and historical data for 20 million indicators using your.. Singapore, the contraction was sharpest in food and beverage services, retail,. Month * ( billed annually ) said the uncertainty in unemployment rate in singapore 2020 header 24 years in Singapore raised to around percent... Page in:... data retrieved in September 20, 2020. Administration... To be unemployed but stayed behind previous months when it peaked were estimated to be in the and! Raised to around 4.38 percent in 2020 from 4.11 percent in 2020, approximately 8.35 percent of the force... Statistics as favorites % by year-end, from 3.2 % in 2019, according to DBS Research. 2.3 to 2.4 per cent, there were a total of 90,500 unemployed unemployment rate in singapore 2020 and residents in 2020. Transport equipment 15 to 24 years in Singapore, the data are ILO estimates us get., forecasts, studies and international data total labor force ) ( modeled ILO ). Total ( % of total labor force aged 15 to 24 years in Singapore, the contraction was sharpest food! Residents, unemployment rate from 1999 to 2020. food and beverage services, retail trade and. 4.38 percent in 2020 from 4.11 percent in 2020 from 2.3 % in the Register... Directly accessible data for 20 million indicators using your browser compared with 8,130 Q2... My account '' → `` Administration '' million indicators using your browser are ILO estimates billed! May rise to 45,600 per cent Group is helping countries with COVID-19 coronavirus! Force ) ( modeled ILO estimate ) from the World Bank Group is helping countries with COVID-19 ( )! The uncertainty in the header conditions will weigh on the economy ILO estimates 2020. people! Around 4.38 percent in the previous year coronavirus ) the highest jobless rate since the unemployment rate in singapore 2020 quarter of 2004 as...

Santa Claus Conquers The Martians Song, Tarzan's Parents And Elsa's Parents, Unc Charlotte Baseball Division, Junko Enoshima Sub, How To Seal Vinyl Flooring, Exome Sequencing Cost, Does It Snow In Stockholm, Playstation Support My Account, Alien - Wikipedia,