2023 Singapore resident employment rate is 66.2%, and the government seeks to balance foreign and local job growth.
Singapore is close to full employment with a resident employment rate of 66.2% in 2023. The Minister of Manpower, Tan See Leng, addressed concerns that new jobs created in 2024 will go to non-residents, stating that it is a misconception that a net increase in foreign employment means jobs are not going to Singaporeans. The government's objective is to balance businesses' access to skills and manpower with opportunities for local workers to grow and progress.
April 02, 2024
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