Market Intelligence Reports

Quarterly APAC Market Report Q2 2020

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15 July, 2020 Singapore Current Employment Situation Covid-19 Restrictions – July 2020 Workforce Statistics – March 2020 Employment Numbers by Key Industry (in '000s) Singapore Employment Outlook – Manpower Employment Outlook Survey Schools Reopened Non-essential Shops Open Bars and Restaurants Open International Travel Allowed Essential business and official travel is gradually being allowed Arrival Free of Quarantine Total Labor Force 3.8m Unemployed 76K 3.1% 1% Since Dec 2019 1% Since Q2 2019 8.9% Since Q4 2019 5.2% Since Q2 2019 855.4 933.9 742 256.5 255 253 285.9 150.5 9.1 8.0 10.9 1.8 Community/Social/Pers. Servs Manufacturing/Construction Trade / Transp. & Storage Professional Services Accommodation / Food Admin and Support Financial /Insur. Real Estate IT /Communications Q1 2020 Jobs lost since Q4 2019 (000s) ~100 jobs added ~2.5K jobs were added ~1.1K jobs were added ~700 jobs were added Job Vacancies in March 44,400 (-19% YOY) Open Positions During March Vacancies in (000s) Manufacturing and Construction 7.4 W holesale and Retail trades 5.6 Transportation and Storage 1.5 Accommodation and Food 3.4 Information and Communications 4.6 Financial/Insurance and Real Estate 5.7 Professional Services 2.8 Administrative and Support Services 3.2 Community and Social/ Personal Services 9.8 Unemployment Rate by Age – March 2020 Below 30 years 6.8% 30-39 years 2.2% 40-49 years 2.5% 50 years and over 3.0% Sources: https://www.wantedanalytics.com/ https://www.manpowergroup.com/workforce-insights/data-driven-workforce-insights/manpowergroup- employment-outlook-survey-results#%20 https://stats.mom.gov.sg/Pages/Employment- https://travel.state.gov/content/travel/en/traveladvisories/COVID-19-Country-Specific-Information.html mmary-Table.aspx

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