MOM: Singaporean workers found new jobs in six months

According to the Ministry of Manpower (MOM), the majority of Singaporeans and permanent residents (71.5 per cent) who were laid off found new jobs within six months in the first quarter of 2022.

These newly hired employees were mostly middle-aged workers in their 40s and 50s, those in production and associated occupations, and those with credentials less than a high school diploma.

In the first quarter, eight out of 10 retrenched production and transportation operators, cleaners, and labourers found jobs within six months, an increase from less than seven in the fourth quarter of 2021.

The number of people working in professional, management, executive, and technical (PMET) jobs climbed from 64.4 per cent to 69 percent, while the proportion of people working in clerical, sales, and service jobs declined by more than four percentage points over the previous quarter.

Data shows that 71.5 per cent of employees acquired new jobs within six months, up 4.7 per cent from 66.8 per cent in the fourth quarter of 2021 and the highest reported rate since 2015.

Age profiles reveal that over eight in 10 employees aged 40-49 were re-employed within six months, up from seven in 10 the previous quarter; a comparable increase to that achieved by workers with less than a high school diploma.

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