Singapore – Employment rate at record level

A Manpower Ministry report released on Friday (Nov 28) showed Singapore’s employment rate rose to an all-time high of 79.7 per cent this year – up slightly from the 79 per cent in 2013.

The labour market saw an increase in women and older workers. Employees, especially low-wage workers, also drew higher salaries. More Singaporeans aged between 25 and 64 were employed this year, according to data from a survey conducted in June.

The employment rate for women aged between 25 and 64 also hit a record, at 76 per cent – compared to 74.3 per cent in the previous year.

More older workers were also hired, increasing from 65 per cent in 2013 to 66.3 per cent this year.

Chosen excerpts by Job Market Monitor. Read the whole story at Singapore’s employment rate at all-time high: MOM – Channel NewsAsia.