Finance sector expects weaker job gains in Q2

Employers in Singapore’s finance, insurance, & real estate sector expect that they will hire fewer people in Q2 2019 as their outlook rating has decreased 2ppt to +7%, the ManpowerGroup Employment Outlook Survey revealed.

According to the survey, hiring activity in Singapore is expected to remain modest for Q2 2019, with employers in Singapore reporting a seasonally adjusted Net Employment Outlook of +11%. The Net Employment Outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting to see a decrease in employment at their location in the next quarter.

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