Issue link: https://read.uberflip.com/i/1490815
Global QMR Q4 2022 | 78 Work Force Statistics 0. 3 0. 0. 0. 0. 2 0. Gender Gap conomic Participation & pportunities ducational Attainment Singapore South ast Asia Pacific Region ▪ Year on year inflation as at November '22 was 6.7% ▪ Year on year wage growth (based on median salaries) was 8.3% in 2022. ▪ Hiring is Moderately Difficult ▪ 165,191 Open Vacancies (end Dec) ▪ Average time to fill is 60 Days 3 3 4 2 41 3 1 4 0 2 1 24 2 34 3 44 4 4 4 Male Participation Rate Female Participation Rate ▪ Equal treatment of Singaporean citizens on the basis of religion, race, descent or place of birth. There is no requirement for equal pay for equal work based on gender. ▪ Gender pay gap in 2020 was 4.3%. ▪ Some restrictions on hiring foreigners especially in manufacturing roles. Latest Available Data Q4 2022 2021 Total Labor Force (000s) 3,928 3,684 Employed Workers (000s) 3,849 3,588 Unemployed Workers (000s) 79 96 Unemployment Rate 2.0% 2.6% International Monetary Fund * Estimate Workforce Participation Rate by Age and Gender Inflation and Wage Growth Gender Equity and Inclusion Gender Gap Scores Compared to Region Year on year GDP Growth (%) TalentNeuron World Economic Forum Global Gender Gap Report 2022 Hiring Demand Trend by Selected Job Function Hiring Demand Trend For Vacancies ILOSTAT Singapore