More residents found higher-skilled jobs in 2024 as resident employment grew: MOM

Quick Summary:

More residents were employed in growth sectors like financial services and information and communications, while resident employment fell in lower-skilled sectors.

MOM noted that the economy is projected to grow at a slower pace of 1 to 3 per cent in 2025, due to ongoing global trade frictions and potential disruptions to the global disinflation process.

Non-resident employment growth slowed to 35,700 last year, compared to 83,500 in 2023.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Cent Financial Employment Residents Sectors Market Resident 2024 Labour Year Services

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 10:41:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 654 words

Reading Time: 4 minutes read

Sentences: 38 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 27163548

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 58 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 57 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions