Hiring in 4 out of 7 industry sectors weakens

Find out which sectors are still hiring.

According to the Manpower Employment Outlook Survey, employers in all seven industry sectors expect to increase staffing levels in Quarter 1 2013. The most optimistic hiring intentions are reported in the Finance, Insurance & Real Estate sector, where the Net Employment Outlook stands at +22%.

Active labor markets are also forecast in both the Mining & Construction sector and the Public Administration & Education sector, with Outlooks of +21%. Positive hiring climates are expected in the Transportation & Utilities sector and the Manufacturing sector, with Outlooks of +15% and +13%, respectively, as well as the Wholesale Trade & Retail Trade sector, where the Outlook is +12%.

Quarter-over-quarter, hiring prospects weaken in four of the seven industry sectors, most notably by 10 percentage points in the Public Administration & Education sector. An Outlook decline of 7 percentage points is reported in the Services sector and the Wholesale Trade & Retail Trade sector Outlook decreases by 3 percentage points.

Meanwhile, hiring plans improve in three sectors, including the Transportation & Utilities sector, with a 5 percentage point increase, and the Mining & Construction sector where the Outlook is 4 percentage points stronger.

Year-over-year, employers report weaker Outlooks in five of the seven industry sectors. Services sector employers report a sharp decline of 21 percentage points, and Outlooks decrease by 7 and 5 percentage points in the Manufacturing sector and the Public Administration & Education sector, respectively.

Elsewhere, hiring intentions strengthen by 7 percentage points in the Wholesale Trade & Retail Trade sector and improve by 6 percentage points in the Mining & Construction sector. 



More From Singapore Business Review
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3576+0.0027+0.20%
    USDSGD=X
    1.4890-0.0045-0.30%
    EURSGD=X
    1.7763-0.0161-0.90%
    GBPSGD=X
    77.9270-0.394-0.50%
    SGDJPY=X
    5.7077-0.0133-0.23%
    SGDHKD=X
    2.9897-0.0071-0.24%
    SGDMYR=X
    9,684.1836+18.9121+0.20%
    SGDIDR=X
    4.9223-0.0028-0.06%
    SGDCNY=X
    1.0123-0.0029-0.29%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,322.10-8.90-0.67%
    GCQ16.CMX
    19.69-0.12-0.63%
    SIU16.CMX
    103.74-0.30-0.29%
    ^XAU
    2.24-0.02-1.00%
    HGU16.CMX
    44.26-0.49-1.09%
    CLU16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.12+0.02
    ^FVX
    1.570.00
    ^TNX
    2.29-0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.425-0.035-7.61%
    5TP.SI
    0.37-0.01-3.90%
    5ME.SI
    0.1710.0000.00%
    N21.SI
    0.141+0.001+0.71%
    43E.SI
    0.116+0.002+1.75%
    RE4.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.177+0.047+36.15%
    O08.SI
    0.15+0.02+16.28%
    AZG.SI
    0.15+0.02+15.38%
    5MQ.SI
    0.19+0.02+14.46%
    P36.SI
    0.15+0.02+12.78%
    5G1.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.205-0.090-30.51%
    BCZ.SI
    0.23-0.06-22.03%
    5VI.SI
    0.156-0.044-22.00%
    Y06.SI
    0.35-0.07-16.67%
    BDF.SI
    0.38-0.05-11.63%
    AYV.SI