Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Singapore's labor force participation rate drops to 68.2%, driven by an aging population.

flag Singapore's labor force participation rate for residents aged 15 and above fell to 68.2% in 2024, declining for the third consecutive year. flag This drop is mainly due to the increasing number of seniors who are less likely to be employed or seeking work. flag The old-age support ratio among residents has also fallen from 6.0 in 2014 to 3.5 in 2024. flag However, when including non-resident workers, the ratio rises to 5.2. flag Despite the decline, Singapore's labor force participation rate remains higher than in many other major cities.

11 Articles

Further Reading