Singapore unemployment rate

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Singapore unemployment rate: 1.9 (-5%)
Last Update: December 31, 2024

Singapore unemployment rate closed down 1.9 as of December 31, 2024 from 2 from the previous month and 2.4 from last year.


Singapore unemployment rate Analytics & Data




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Singapore unemployment rate

Date Values
2024-12-31 1.9
2024-09-30 2
2024-06-30 2
2024-03-31 2.1
2023-12-31 2
2023-09-30 2
2023-06-30 1.9
2023-03-31 1.8
2022-12-31 2
2022-09-30 2.1
2022-06-30 2.1
2022-03-31 2.2
2021-12-31 2.4
2021-09-30 2.6
2021-06-30 2.7
2021-03-31 2.9
2020-12-31 3.3
2020-09-30 3.5
2020-06-30 2.8
2020-03-31 2.4
2019-12-31 2.3
2019-09-30 2.3
2019-06-30 2.2
2019-03-31 2.2

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Singapore unemployment rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
unemployment rate sg.unemploymentrate 1.9 2 -5 -21 Down Down 20 2024-12-31

Singapore unemployment rate Quantitative Analysis, Charts & Factors

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Singapore unemployment rate Historical Data

The MacroVar database offers free access to historical data for the Singapore unemployment rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Singapore unemployment rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Singapore unemployment rate

The unemployment rate in Singapore is a key indicator of the health of the country's economy. It measures the percentage of the labor force that is actively seeking employment but unable to find a job. A low unemployment rate indicates a strong economy with ample job opportunities, while a high unemployment rate can signal economic challenges and a lack of available work. The government of Singapore closely monitors the unemployment rate and implements policies to support job creation and assist those who are unemployed in finding new opportunities. By keeping unemployment rates low, Singapore can ensure a stable and prosperous economy for its citizens.

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