, Singapore
228 views
Photo by Campaign Creators via Unsplash

Hiring falls 5% YoY despite recent monthly gains

The Advertising, Public Relations & Media sector and the Education sector led the recovery, both recording 7% MoM growth.

Singapore’s hiring activity saw a 5% YoY decline, despite growing by 3% MoM, according to jobs platform foundit.

The Advertising, Public Relations & Media sector and the Education sector led the recovery, both recording 7% MoM growth. The uptick in advertising was fuelled by greater digital marketing and brand-building efforts, whilst education hiring reflected growing investment in upskilling and professional development.

The Engineering, Construction & Real Estate sector also showed healthy momentum, rising 6% MoM, while Retail, Trade & Logistics, and Manufacturing & Automotive each saw 5% MoM growth—driven by sustainability efforts and changing operational needs.

In contrast, sectors like Oil & Gas, Shipping, Government, and FMCG reported flat hiring activity.

Across job functions, technology roles in Software, Hardware, and Telecom were the top performers, with 2% MoM growth. Legal roles, though slower MoM, saw a 19% YoY increase, as companies ramped up hiring amidst expanding regulatory and compliance needs.

Meanwhile, functional roles in Marketing, HR, Engineering, Sales, Medical, and Legal posted 1% MoM growth, indicating steady, broad-based hiring. Roles in Hospitality, Customer Service, Finance, and Logistics remained unchanged.
 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.