Singapore’s job market demonstrated resilience in July 2025, despite a 4.8% decline in job postings, marking the steepest monthly drop since February 2023, according to data from Indeed, the global hiring platform. Although job postings are now 17.8% lower than a year ago, hiring activity remains robust, with rates still 36% above pre-pandemic levels.
The unemployment rate in Singapore remains steady at 2.1%, with strong demand in service industries such as sports, pharmacy, and education, which saw job postings rise by 173%, 122%, and 117% respectively. However, the healthcare and tech sectors experienced declines, with nursing and IT infrastructure postings dropping by 8.6% and 22.4%.
Pay transparency has decreased, with only 21% of job postings including salary details, down from 30% in 2023–24. Callam Pickering, APAC Senior Economist at Indeed, emphasised the importance of pay transparency, stating, “For employers keen on securing the best talent, pay transparency can make the difference.”
Despite the decline in job postings, the overall hiring landscape in Singapore remains strong, highlighting the resilience of the labour market. However, sustained declines could potentially soften labour market conditions in the future.
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