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
    1.3642+0.005+0.36%
    USDSGD=X
    1.5213+0.0007+0.05%
    EURSGD=X
    1.7870+0.0055+0.31%
    GBPSGD=X
    75.3270+0.41+0.55%
    SGDJPY=X
    5.6849-0.0175-0.31%
    SGDHKD=X
    2.9704-0.0049-0.16%
    SGDMYR=X
    9,733.8350-18.6689-0.19%
    SGDIDR=X
    4.8930-0.0213-0.43%
    SGDCNY=X
    1.0249-0.005-0.49%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,321.40-5.70-0.43%
    GCZ16.CMX
    18.66-0.11-0.58%
    SIU16.CMX
    95.07-1.86-1.92%
    ^XAU
    2.06-0.01-0.53%
    HGU16.CMX
    46.30-0.68-1.45%
    CLV16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.170.00
    ^FVX
    1.560.00
    ^TNX
    2.220.00
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.123-0.001-0.81%
    N21.SI
    0.3550.0000.00%
    E5H.SI
    0.235-0.005-2.08%
    5ME.SI
    0.725-0.010-1.36%
    G13.SI
    0.315+0.005+1.61%
    5OT.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.55+0.12+27.91%
    BJZ.SI
    0.45+0.09+25.00%
    BFK.SI
    0.46+0.06+15.00%
    M05.SI
    0.23+0.03+12.20%
    BTJ.SI
    0.525+0.055+11.70%
    BQD.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.13-0.02-13.33%
    5TI.SI
    0.20-0.03-13.04%
    AWI.SI
    0.176-0.024-12.00%
    A04.SI
    0.166-0.022-11.70%
    AWS.SI
    0.155-0.020-11.43%
    5WD.SI