What industries offer the most jobs today?
Hiring activities online increased by 55.7% in August.
A surge in hiring in production, transportation, and technology was seen this August, the Singapore job site, Indeed, revealed.
According to Indeed, production occupations saw job postings that are 125% higher than compared to 1 February 2020. Transportation and installation and maintenance hiring activities are also strong, up 109% and 89%, respectively. In the same way, technology and engineering roles are performing better than the national average.
Meanwhile, sectors such as law, customer service, food and beverage, and education still have not recovered.
"The uneven hiring recovery, and overall impact of COVID-19, has shifted the composition of Singapore job postings. That is, the make-up of the economy is now fundamentally different. The economy is creating relatively more jobs in areas such as scientific research and software development than they were pre-pandemic," Indeed said.
Overall, Indeed recorded a 55.7% increase in job postings since 1 February 2020, just before the pandemic hit.
Upward momentum has continued this year despite the circuit breaker and heightened alerts that caused the economy to contract. By the end of August 2021, job postings in every broad occupation category were above pre-pandemic levels.
“Robust hiring activity is typically a great sign for future employment growth. It reflects business optimism and confidence about their future prospects and Singapore’s broader economic recovery. An economy that is creating a lot of new job opportunities will typically be a country where the unemployment rate is falling,” Callam Pickering, Indeed’s APAC economist noted.