Job vacancies slump to 12-month low of 73,300

Job openings stood at 80,100 in March 2025 before declining to their lowest point in a year.

Job vacancies fell to 73,300 in March 2026, the lowest level in a year, according to the Ministry of Manpower's (MOM) Labour Market Report for the first quarter (Q1) of 2026.

The report showed seasonally adjusted job vacancies declined from 77,700 in December 2025 with the job vacancy rate also easing to 2.9% from 3.1% over the same period.

Compared with a year earlier, job vacancies were down from 80,100 in March 2025.

The decline was driven by a reduction in non-PMET vacancies, said MOM.

The number of non-PMET openings fell to 32,100 in March 2026, compared with 36,000 in December 2025 and 36,900 in March 2025.

Despite the overall decline, MOM said vacancies increased in some sectors.

Financial services recorded 5,800 vacancies in March 2026, up from 4,300 in December 2025, whilst manufacturing vacancies rose to 8,500 from 8,000.

The ministry also reported an increase in vacancies for professionals, managers, executives, and technicians (PMETs) in March 2026 as demand for skilled workers increased.

Based on the report's data, around seven in 10 vacancies were in roles likely to be filled by residents.

On an annual basis, Singapore recorded 75,900 job vacancies in 2025, compared with 75,500 in 2024 and 85,800 in 2023. The annual job vacancy rate stood at 3.0% in 2025, down from 3.1% in 2024 and 3.7% in 2023.

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Ministry of Manpower

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