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Hiring Outlook for Q3 Dims Slightly Amid Economic Uncertainty
The Straits Times
|June 11, 2025
7 in 10 Bosses Polled Say the Uncertainty Has Moderate or Large Impact on Hiring Decisions
The hiring outlook in Singapore has dimmed slightly for the upcoming third quarter of 2025, with prevailing economic uncertainty prompting some employers to either shed workers or hire more selectively.
Almost seven in 10 of the 525 employers polled by recruitment firm ManpowerGroup reported that the uncertainty had a moderate or large impact on their hiring decisions for the next quarter.
The net employment outlook dipped a relatively modest 3 percentage points to 24 percent after seasonal adjustment, according to findings in ManpowerGroup's quarterly employment outlook survey on June 10.
Net employment outlook is a measure of hiring optimism, defined as the percentage of companies surveyed that intend to take on new staff, minus the percentage that intend to downsize, in the upcoming quarter.
The latest figure, which was drawn from a poll conducted in April, is up 4 percentage points from the results posted for the same quarter a year ago, but is the lowest since then.
Dit verhaal komt uit de June 11, 2025-editie van The Straits Times.
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