Unemployment Rate in Singapore remained unchanged at 2 percent in the second quarter of 2025 from 2 percent in the first quarter of 2025. This dataset provides the latest reported value for - Singapore Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The unemployment rate in Singapore raised to around 4.1 percent in 2020 from 3.1 percent in the year before. For many economies, this would be considered overemployment, but Singapore may have a lower natural unemployment rate than other economies.

What’s wrong with overemployment?

When there are not enough workers, firms are forced to hire anyone who is available. This means that employers may not select the best applicants but rather anyone who applies. This leads to lower productivity, because workers are not finding the job for which they are best suited. Companies may also have to offer wages that are so high that they also lead to a rise in prices and thus, to a higher inflation.

Singapore may be different

Singapore has a small, open economy. It has the highest gross domestic product (GDP) per capita in the region, indicating that it is an advanced economy. This is largely due to the small population, which is almost entirely urban. As such, its workforce may be better matched to employer needs, which would reduce the natural level of unemployment.

In 2023, 8.3 percent of the labor force aged 15 to 24 years in Singapore were estimated to be unemployed. It was reported that over one million people who were 15 years and older who were in the labor force in 2022 had a degree. Youth tend to be in informal employment As compared to other countries in the Asia Pacific region, Singapore recorded one of the highest youth unemployment rates. Across the region, the majority of youths work in informal employment. This was found most among graduates in Singapore’s private universities, where many were either unemployed, or in part-time and temporary employment. Finding employment after higher education On average, almost 90 percent of university graduates would have managed to secure a job within six months of graduation. Since March 2020, the government has set up a few funds to assist these youths. For example, graduates from Singapore’s six universities will be provided with free training and courses upon graduation this year. Traineeship opportunities have also been extended to graduates of other post-secondary education institutions, such as the Institute of Technical Education (ITE) and polytechnics.

Monthly and long-term Singapore Unemployment data: historical series and analyst forecasts curated by FocusEconomics.

In 2023, the resident unemployment rate was at 2.7 percent. The resident unemployment rate decreased as a result of the economic recovery from the COVID-19 pandemic.

The unemployment rate in Singapore stands at 2 percent according to the latest data from . That reading shows no change from the level of 2 percent in the previous quarter and an increase from the level of 1.9 percent in the same quarter of the previous year. The unemployment rate data in ...

Singapore SG: Unemployment Rate data was reported at 2.200 % in 2017. This records a decrease from the previous number of 2.950 % for 2016. Singapore SG: Unemployment Rate data is updated yearly, averaging 2.950 % from Dec 1984 (Median) to 2017, with 34 observations. The data reached an all-time high of 6.500 % in 1986 and a record low of 1.700 % in 1990. Singapore SG: Unemployment Rate data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Singapore – Table SG.IMF.IFS: Labour Force, Employment and Unemployment: Annual.

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_b816a930bca0eb19fdf20fcbfcdd4c39/view

Key information about Singapore Unemployment Rate

• Singapore Unemployment Rate increased to 2.00% in Sep 2025, from the previously reported figure of 1.90% in Aug 2025.
• Singapore Unemployment Rate is updated monthly, available from Mar 2020 to Sep 2025, with an average rate of 2.00%.
• The data reached an all-time high of 3.50% in Oct 2020 and a record low of 1.80% in Jul 2024.
• The data is reported by reported by CEIC Data.
• In the latest reports, Singapore Population reached 6.11 million people in Jun 2025.

Historical dataset showing Singapore unemployment rate by year from 1991 to 2024.

The number of unemployed persons in Singapore decreased to 80.90 Thousand in 2024 from 83.90 Thousand in 2023. This dataset provides - Singapore Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

View yearly updates and historical trends for Singapore Unemployment Rate Outlook. Source: International Monetary Fund. Track economic data with YCharts a…

The 'Unemployment Rate Prel' in Singapore is a preliminary measure of the percentage of the labor force that is unemployed but actively seeking employment.-2025-01-26

The 'Unemployment Rate Final' in Singapore is a key economic indicator that measures the percentage of the labor force that is unemployed and actively seeking employment.-2025-03-18

Quarterly dataset of the Singapore Unemployment Rate, including historical data, latest releases, and long-term trends from 1986-03-31 to 2025-09-30. Available for free download in CSV format.

The youth unemployment rate in Singapore amounted to 7.82 percent in 2024. Between 1991 and 2024, the youth unemployment rate rose by 3.95 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend.

Historical dataset showing Singapore youth unemployment rate by year from 1991 to 2024.

Overview with Chart & Report: Unemployment Rate shows a percentage change in the number of unemployed citizens in relation to Singapore's total civilian labor force. An increase in the unemployment rate is an indication of a

singapore - Youth Unemployment Rate for Singapore was 7.82% in January of 2024, according to the United States Federal Reserve. Historically, singapore - Youth Unemployment Rate for Singapore reached a record high of 10.56 in January of 2020 and a record low of 7.82 in January of 2024. Trading Economics provides the current actual value, an historical data chart and related indicators for singapore - Youth Unemployment Rate for Singapore - last updated from the United States Federal Reserve on December of 2025.

The 'Unemployment Rate Final' in Singapore is a key economic indicator that measures the percentage of the labor force that is unemployed and actively seeking employment.-2025-12-11