All figures are modeled ILO estimates. 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 … Accessed January 11, 2021. https://www.statista.com/statistics/378643/unemployment-rate-in-singapore/, World Bank. Amongst residents, unemployment rate could likewise expand to 4.2% by year-end, from 3.2% in the previous year. Download historical data for 20 million indicators using your browser. 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. You only have access to basic statistics. Register in seconds and access exclusive features. Meantime, some 6,700 workers were laid off, compared with 3,220 in Q1. Please create an employee account to be able to mark statistics as favorites. The unemployment in June rose but stayed behind previous months when it peaked. 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. (billed annually). 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. Download all in Excel (35kb) This recurring seasonal variation happens every year. 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 This was the highest jobless rate since the June quarter of 2004, as the COVID-19 crisis took a huge toll on the economy. 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. 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. New, Figures and insights about the advertising and media world, Industry Outlook Singapore: Unemployment rate from 1999 to 2020 [Graph]. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Are you interested in testing our corporate solutions? (October 15, 2020). 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 … In, World Bank. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Figures have been rounded. World Bank. The report also expects total retrenchments to rise to 45,600. 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. ", 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. 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. 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. It was reported that approximately 841 thousand people who were … Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment. 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. 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 … 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. 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. Profit from additional features by authenticating your Admin account. 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). 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