Welcome to your guide to the Singapore job market. Finding the right job or candidate requires solid data. Here you will find key figures on employment, salaries and the economy to support your next career step or recruitment decision in Singapore.
Job market overview
| Key metric | Current value |
|---|---|
| Total population | 5,850,343 residents |
| Employment rate | 78% |
| Unemployment rate | 1.9%Low unemployment – employers often compete for skilled staff. |
With an unemployment rate of 1.9%, Singapore has a tight labor market. Skilled professionals are usually in demand.
Living & working in Singapore: salaries and cost of living
Before relocating or applying for jobs in Singapore, consider these key economic factors:
| Indicator | Value | Compared with the U.S. |
|---|---|---|
| Average monthly salary | 4,497 USD | 100% of the U.S. averagesimilar level |
| Purchasing power | 95.4 | slightly weaker (U.S. = 100) |
With a purchasing power index of 95.4, the average monthly salary of 4,497 USD supports comfortable living standards in Singapore. Always compare an offer with local rents and living costs in the specific city.
Top industries & employers in SG
| Leading industry | Manufacturing |
| Growth sector | Electronics, Petrochemicals |
| Service sector | Financial Services, IT |
| Major employers | DBS Bank, Singapore Airlines, CapitaLand |
Job seekers will usually find the most openings in Manufacturing, while Electronics, Petrochemicals offers growth potential.
Working in Singapore – FAQ
What's the employment situation in Singapore?
Singapore has a population of about 5,850,343. The employment rate is 78%. The unemployment rate currently stands at 1.9%.
Which are the top companies in Singapore?
Large employers in Singapore include DBS Bank, Singapore Airlines, CapitaLand.
How far does a salary go in Singapore?
The purchasing power index for Singapore is 95.4 (U.S. = 100), which means the cost of living should be weighed carefully when comparing job offers.
How can I find jobs in Singapore?
Browse the latest international openings on Cityjobs and filter by country or remote work. Employers post directly, and you apply with the employer.
Which industries matter most in Singapore?
Manufacturing is the leading industry, while Electronics, Petrochemicals is an important growth sector, alongside Financial Services, IT.
Data sources & methodology
The figures in this guide are compiled from these public sources:
- Employment & economic data: World Bank Indicators
- Cost of living & salaries: Numbeo Cost of Living Database
