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Wednesday, June 11, 2008

Singapore stays strong in hiring


While the US and other major economic centres report hiring downturns, the Manpower Employment Outlook survey reports that Singapore and India continue to have some of the strongest job markets, particularly in the Asia Pacific region. India ranks number one globally this quarter in terms of hiring outlook this year with an increase of 45 per cent, with Singapore following at number two. Unemployment remains low in Singapore at 2 per cent.

Growth industries in Singapore include finance, biomedical, communications, electronics, healthcare and ICT. Employment rose by 9.4 per cent in 2007 and the outlook remains strong for 2008.

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