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4 Job Sectors In Singapore That Will Likely Hire More People In 2021

This article was first published on DollarsAndSense.sg. 2020 has been an unprecedented year with the COVID-19 pandemic. Singapore’s economy is expected to contract 6% to 6.5% in 2020, according to the Ministry of Trade and Industry (MTI). With a record drop in employment (over 100,000 people become unemployed) in the first half of 2020, the labour market has been hard hit. Jobseekers may be disheartened facing these grim statistics. With vaccines in sight and better understanding and management of the COVID-19 pandemic, Singapore’s economy is expected to recover and grow by 4% to 6% in 2021. Likewise, the labour market sentiment is also turning positive. According to an employment outlook survey by ManpowerGroup, about 20% of employers are looking to hire more staff in 2021.

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