Singapore adds 10,700 jobs in Q2, but layoffs hit highest level since 2020 - ET HRSEA
Singapore labor market added 10,700 jobs in Q2 but layoffs reached highest level since 2020, indicating mixed hiring conditions and elevated churn. Signals both opportunity and competitive pressure in tight market.
What it means for youStrategic timing for senior moves—new net jobs create openings but elevated layoffs suggest selective hiring; position yourself as high-value talent.