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Employment Demand in Singapore Expected to Continue in Q2 2023 Amidst Uncertain Economic Climate

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Q2 2023 | ManpowerGroup Employment Outlook Survey ManpowerGroup Proprietary Information | 29 Hiring Managers Across the Americas Report Continued Confidence All 11 countries and territories in North, Central and South America report positive employment outlooks for Q2, improving in 7 quarter-over- quarter and 4 compared to this time last year. Employers in the U.S. (+30%) report a moderate increase (+1 percentage point) in their Outlooks compared to last quarter. In contrast, employers in Canada (+26%) report a decrease (-6 percentage points) and in Puerto Rico (+26%) Outlook remains unchanged. Hiring managers in Panama (+41%) report strongest intentions both regionally and globally, regionally followed by Costa Rica (+38%), and Guatemala (+38%). The lowest confidence is seen in Argentina (+16%). Strongest Hiring Intentions Weakest Hiring Intentions Panama +41% Argentina +16% Costa Rica +38% Guatemala +38% Brazil +21% Peru +23%

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