Advertisement
Singapore markets close in 2 hours 37 minutes

  • Straits Times Index

    3,285.43
    -2.32 (-0.07%)
     

  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     

  • Hang Seng

    17,708.14
    +423.60 (+2.45%)
     

  • FTSE 100

    8,078.86
    +38.48 (+0.48%)
     

  • Bitcoin USD

    64,425.20
    +128.75 (+0.20%)
     

  • CMC Crypto 200

    1,392.20
    -4.33 (-0.31%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • Dow

    38,085.80
    -375.12 (-0.98%)
     

  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     

  • Gold

    2,350.40
    +7.90 (+0.34%)
     

  • Crude Oil

    84.01
    +0.44 (+0.53%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • FTSE Bursa Malaysia

    1,573.86
    +4.61 (+0.29%)
     

  • Jakarta Composite Index

    7,115.99
    -39.31 (-0.55%)
     

  • PSE Index

    6,593.15
    +18.27 (+0.28%)
     

Singapore indicates region's weakest hiring intentions for 1Q19: ManpowerGroup

rachael.tan@edgeprop.sg
Updated

SINGAPORE (Dec 11): Singapore’s hiring place is expected to moderate in 1Q19 after three consecutive quarters of strengthening labour market activity, according to the latest ManpowerGroup Employment Outlook Survey.

After accounting for seasonal variations, ManpowerGroup notes that the net employment outlook was +10%, unchanged y-o-y but down from 11%-13% over 2Q-4Q18. This means hiring intentions declined by 3 percentage points when compared to the previous quarter, but unchanged in comparison to a year ago.

ManpowerGroup’s net employment outlook indicator is derived from taking the percentage of employers anticipating an increase in hiring activity, and subtracting from it the percentage of employers expecting to see a decrease in employment at their location over the next quarter.

Read more on The Edge Singapore

ADVERTISEMENT

See Also: