MOM 2Q 2026: employment up 11,400 as retrenchments rise to 4,620

Singapore’s total employment rose by 11,400 in the second quarter of 2026, the Ministry of Manpower said on Sunday, 21 September 2026, marking a nineteenth straight quarter of growth and a step up from 9,400 in the previous quarter.

Ministry of Manpower Singapore logo
Image: Ministry of Manpower

Resident employment grew more slowly, by 2,200, after 5,400 in 1Q. Growth for residents was concentrated in Transportation & Storage, Public Administration & Education, Health & Social Services, Professional Services, Financial Services and Information & Communications. Non-resident employment rose by 9,200, led by Work Permit Holders in Construction and Manufacturing. Figures exclude migrant domestic workers.

Unemployment stayed low; retrenchments rose

Unemployment rates in June 2026 remained low: overall 1.9%, resident 2.9%, citizen 3.0%. Resident long-term unemployment edged up to 1.0% from 0.9% in March.

Retrenchments climbed from 3,830 in 1Q (1.6 per 1,000 employees) to 4,620 in 2Q (2.0 per 1,000). MOM tied the rise to business reorganisation in outward-oriented sectors such as Manufacturing, Information & Communications and Financial Services. The share of retrenched residents who found work within six months fell from 60.7% to 54.9%, while the 12-month re-entry rate held near 70%.

Vacancies and GRIT

Job vacancies eased from 73,300 in March to 68,600 in June, mainly on fewer PMET openings in Financial Services and Information & Communications. There were still 1.48 vacancies per unemployed person in June. Entry-level PMET roles remained about 45% of all vacancies.

MOM’s July business polls showed more firms intending to hire in the next three months (48.7%, up from 43.9% in June), though wage-rise intentions softened slightly. For the 2026 graduating cohort, applications for GRaduate Industry Traineeships (GRIT) remain open through MyCareersFuture and Careers@Gov.

The full Labour Market Report 2Q 2026 and technical notes sit on stats.mom.gov.sg.

Clara Tan
Clara Tan
Clara Tan is Little Big Red Dot's Editor-at-Large. She oversees the quality and direction of content across all categories, bringing depth, context, and a sharp editorial eye to everything she covers. Clara writes thoughtful, well-researched features that connect the dots across lifestyle, culture, business, and current affairs in Singapore.

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