
Tepid job growth in Singapore for Q3
But two sectors bucked the single-digit trend; which were they?
The medical and legal services sectors posted growth in the high-teens, more than triple the 5% average job growth in Singapore, according to the latest Robert Walters Asia Job Index report.
"The number of jobs advertised in Singapore in Q3 remained largely in line with the previous quarter, growing by 5% over the quarter and by 7% from Q2 to Q3," says Robert Walters in a press release.
"Sectors proving more resilient to the economic uncertainty included medical services and legal services, which have seen numbers of job advertisements rise over the quarter by 19% and 17% respectively," it added.
Robert Walters also explained what has fueled the fast job growth in these two sectors.
"To meet regulatory requirements, pharmaceutical companies continued to invest in clinical assistance, research and development, whilst companies also increased headcount within legal departments to prepare for incoming financial regulations such as Basel 3."