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
    1.3525+0.0023+0.17%
    USDSGD=X
    1.4726+0.0042+0.29%
    EURSGD=X
    2.0721-0.005-0.24%
    GBPSGD=X
    91.5057+0.3526+0.39%
    SGDJPY=X
    5.7368-0.0044-0.08%
    SGDHKD=X
    2.6975+0.0023+0.09%
    SGDMYR=X
    9,774.4932-25.5449-0.26%
    SGDIDR=X
    4.5870-0.0076-0.17%
    SGDCNY=X
    1.0430-0.0015-0.15%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,186.10-0.80-0.07%
    GCM15.CMX
    16.67-0.08-0.45%
    SIN15.CMX
    68.53-0.16-0.24%
    ^XAU
    2.76-0.01-0.50%
    HGN15.CMX
    57.87-0.16-0.28%
    CLN15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.55+0.03
    ^FVX
    2.16+0.02
    ^TNX
    2.90+0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.71+0.01+1.43%
    Q1P.SI
    0.805-0.020-2.42%
    N21.SI
    0.290.000.00%
    5WA.SI
    0.34+0.01+3.03%
    AFC.SI
    0.20+0.01+3.63%
    5OU.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    1.25+0.24+23.15%
    AYO.SI
    0.189+0.031+19.62%
    GJ8.SI
    0.30+0.05+17.65%
    AYE.SI
    0.149+0.014+10.37%
    L10.SI
    0.16+0.02+10.34%
    5GI.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.19-0.06-24.00%
    41H.SI
    1.48-0.30-16.85%
    AYB.SI
    1.32-0.21-13.73%
    AYN.SI
    0.12-0.02-13.04%
    5IF.SI
    0.375-0.040-9.64%
    AWK.SI