Hiring of foreigners slows, more locals employed last year

Hiring of foreigners slows, more locals employed last year

SINGAPORE -  Fewer foreign workers were employed in 2012 than the previous year, as more locals were employed due to tighter foreign manpower controls, the Ministry of Manpower (MOM) said today.

Total employment in 2012 increased by 129,600. This includes the employment of 59,200 more locals, up from the growth of 37,900 registered in 2011, and 70,400 more foreigners, down from the increase of 84,800 the previous year.

Hiring in the construction sector also rose, mainly due to the large number of public building projects.

These figures are preliminary estimates released by the MOM on Thursday.

Total unemployment fell from 1.9 per cent in September to 1.8 per cent in December. Resident unemployment also fell from 2.8 per cent to 2.6 per cent, while citizen employment dipped to 2.9 per cent from 3.0 per cent.

Total annual average unemployment rate remained at a low of 2.0 per cent.

The median monthly income of full-time employed citizens rose over the year by 5.8 per cent to $3,248 in 2012.

Balanced by lower inflation, the real median income growth was 1.2 per cent in 2012, compared with 1.0 per cent in 2011.

More details are available in the press release on the next page:

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