Finance sector projected to create 6,500 jobs in 2021, building on last year's expansion

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

SINGAPORE: The employment outlook for the finance sector remains positive, with about 6,500 positions projected to be created in 2021, said Mr ...

SINGAPORE: The employment outlook for the finance sector remains positive, with about 6,500 positions projected to be created in 2021, said Mr Ravi Menon, managing director of the Monetary Authority of Singapore on Tuesday .

"The employment outlook for the financial sector in 2021 remains positive," he said, adding that close to 800 financial institutions responded to the survey conducted late last year.About a quarter of the jobs on offer are in technology roles, while a quarter are in consumer banking. "Can we imagine what life would have been like during last year’s 'circuit breaker' lockdown if we did not have PayNow or FAST?" he said.

The proportion of Singaporeans taking on tech jobs is also uneven across different specialisations. Singaporeans account for 70 per cent of the net job growth for cybersecurity engineers and UX/UI designers, and 50 per cent of the net job growth for data analysts and data scientists.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines