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Singapore's labor participation fell to 67.9% in 2025, driven by aging and retirement, despite strong senior and female workforce engagement.
Singapore's labor force participation rate dipped to 67.9% in 2025, marking the fourth straight annual decline, primarily due to an ageing population and rising retirement rates, according to the Ministry of Manpower.
Despite the drop, participation remains high among seniors and women, with those aged 60 and above making up 19.3% of the workforce, and women aged 25 to 64 reaching 80.5% participation.
Permanent employment hit a record 90.8%, unemployment stayed low at 2.8%, and real incomes rose, especially for lower- and middle-income workers.
Job switching fell to 6.2%, the lowest since 2018, reflecting cautious hiring amid global uncertainty.
A new data category showed 3.1% of residents had at least six months of full-time overseas work experience, often in managerial roles.
La participación laboral de Singapur cayó al 67,9% en 2025, impulsada por el envejecimiento y la jubilación, a pesar de la fuerte participación de la fuerza laboral sénior y femenina.