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Hiring activity in Singapore remains brisk

More companies in Singapore are planning to increase the number of their employees in Q4 of this year, according to a survey by staffing firm ManpowerGroup. The survey showed hiring sentiments improved by 38% as compared to last year. Linda Teo, country manager of ManpowerGroup Singapore, said hiring activity in Singapore is expected to remain brisk as employers continue to scale up their hiring to fill their backlog of vacancies. Some sectors, such as banking, finance, insurance, and real estate were reported to have had a sustained strong hiring environment since Q1 of 2010. ManpowerGroup said hiring intentions for these sectors improved by 10% quarter on quarter and 44% year on year. The survey also found that 3 in 4 of these global companies struggled to fill roles amidst the highest labour shortage problem in 16 years.

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