Job opportunities for Singaporeans jump 21% YoY in Q3

The engineering, manufacturing, and digital and technology sectors led this increase.

Michael Page Singapore saw the number of job opportunities in Singapore increase by 21% year-on-year.

Managing Director Nilay Khandelwal of Michael Paige Singapore said that these figures are indicative of a recovering market in Singapore. According to him, a number of companies have seen what skills companies require and also implemented attraction strategies beyond high salaries.

Key sectors that led this growth include engineering, manufacturing, digital and technology which individually recorded an increase of 48%, 27% and 17%, respectively.

Meanwhile, the highest demand in this space can be attributed to digital product managers who possess a unique set of skills. Khandelwal also said that these are made up of people who were either existing product managers, product engineers, or migrated into digital roles from an existing market function. The role of these managers is to also act as a bridge between businesses and technical engineers.

Open job positions in engineering and manufacturing also doubled this year as more companies react to the Singapore industry’s 4.0 initiatives. Hiring in the automation and digitalisation functions are also seen as a result of this. This is to increase productivity and aid with labour shortages. 

“The job types most requested for within the engineering and manufacturing space are in the automation, digitalisation, technical or pre-sales as well as R&D functions. This is observed across various sectors including chemical, building materials and industrial automation to capitalise on the upward market trend this year,” said Khandelwal.