News Formal

Singapore's labour market faces uncertainty as US tariffs loom, but easing pressures and falling rates

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

SINGAPORE: The labour market of Singapore is expected to remain resilient through the first half of 2025, although some sectors may face hiring challenges, particularly those linked to trade.

Despite these challenges, UOB suggests that the overall labour market could still benefit from declining global policy rates.

A key indicator of the labour market’s health, the 3Q24 Labor Market Pressure Index , shows a notable easing in labour tightness since mid-2022. In 3Q24, conditions stabilized, with the job vacancies-to-unemployed ratio dropping to 1.39, down from a high of 2.54 in 2Q22.Secure Your Child's Financial Future in Singapore: A Comprehensive Guide on Investment and Savings

UOB also pointed out that the LMPI’s trends are closely linked to inflationary pressures. The bank noted that a tighter labour market could put upward pressure on consumerWhile certain sectors may face headwinds, Singapore’s labour market is likely to remain stable, supported by broader economic factors like global policy rates and ongoing demand for workers in many industries.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 2. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Singapore tops ASEAN in business friendliness, ranked sixth globally Singapore News%
출처: IndependentSG - 🏆 2. / 72 더 많은 것을 읽으십시오 »