Job market improved for youth as unemployment fell, more looked for work: MOM

SINGAPORE - Youth employment in Singapore saw significant improvement compared with the height of the pandemic in 2020, according to figures for last year.that the resident youth unemployment rate fell to 7.3 per cent, from 10.6 per cent in 2020. Resident youth refers to citizens and permanent residents, aged 15 to 24.

The increased participation led to a higher youth unemployment rate in 2021 compared with pre-Covid-19 level of 6.6 per cent in 2018, noted MOM."This means that they are less likely to be long-term unemployed, compared with their more mature counterparts, who are more likely to spend additional time in seeking equivalent jobs."

Of resident youth who were employed, a small majority - or about 56 per cent - worked full time in June 2021, compared with about 53 per cent in the same quarter for 2018.

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