Singapore Unemployment Rate

Singapore’s seasonally adjusted unemployment rate stood at 2.0% in the third quarter of 2025, unchanged from the previous quarter and confirming preliminary estimates. Supported by ongoing economic growth, the labour market stayed resilient, with total employment rising at a faster pace while unemployment and retrenchments remained low. Total employment increased sharply during the quarter (25,100 vs 10,400 in Q2), driven by gains among both resident and non-resident workers. Growth in resident employment was led by the financial and insurance services and health and social services sectors, while non-resident employment expanded mainly in construction and manufacturing. Additionally, retrenchments remained low at 3,670 (1.6 retrenched per 1,000 employees), with reorganisation or restructuring continuing to be the main reason (at 61%). Looking ahead, employment and wage growth are expected to moderate.