Total employment up for sixth straight quarter

The services sector reported over 27,000 new hires, of which over 5,000 are migrant domestic workers.

Total employment expanded by 40,100 in the first three months of 2023, marking the sixth consecutive quarter of growth.

This is slightly slower than in Q4 2022, however, when employment grew by 48,100, according to the latest economic survey released by the Ministry of Trade and Industry (MTI).

Total employment growth was largely driven by the services sector (+27,500; or +21,800 excluding migrant domestic workers or MDWs).

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Growth is further supported by employment gains in: other services (+12,900), finance & insurance (+3,400), and professional services (+3,200) sectors.

The construction (+9,200) and manufacturing (+3,200) sectors also registered employment gains.

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