Singapore unemployment rate


Singapore unemployment rate: 2 (0%)
Last Update: December 31, 2023

Singapore unemployment rate closed down 2 as of December 31, 2023 from 2 from the previous month and 3.3 from last year.


Singapore unemployment rate Analytics & Data




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Singapore unemployment rate

Date Values
2023-12-31 2
2023-09-30 2
2023-06-30 2
2023-03-31 1.9
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 2.5
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 2 2 0 -39 Down Down 5 2023-12-31

Singapore unemployment rate Factors

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What is the Singapore unemployment rate

Unveiling the Singapore Unemployment Rate: Data, Trends, and Insights

Welcome to our comprehensive webpage dedicated to exploring the Singapore unemployment rate. Here, you'll find up-to-date and historical data, insightful trends and signals, as well as analytics and charts to aid your understanding.

What is the Singapore Unemployment Rate? The Singapore unemployment rate is a crucial economic indicator that measures the percentage of the labor force without a job, actively seeking employment, and available to work during a specific period. It reflects the health and stability of Singapore's job market and provides valuable insights into the overall economic condition of the nation.

Interpreting the Singapore Unemployment Rate: Understanding the nuances and implications of the unemployment rate is essential to comprehend the broader economic landscape. Here are a few points to consider when interpreting the data:

1. High vs. Low Unemployment: A low unemployment rate indicates a robust job market where opportunities are available for most job seekers. On the other hand, a high unemployment rate signifies challenging conditions with limited employment prospects.

2. Historical Comparison: By comparing the current unemployment rate with historical data, you can identify long-term patterns and observe how the employment situation has changed over time. This analysis helps policymakers, businesses, and individuals make informed decisions.

3. Cyclical vs. Structural Unemployment: It's crucial to understand whether an increase in unemployment is due to cyclical or structural factors. Cyclical unemployment usually occurs during economic downturns, while structural unemployment may be a result of shifts in industries or changes in skills demanded by employers.

Our Webpage Features: 1. Current and Historical Data: Stay up-to-date with the latest unemployment rate figures and explore its historical trend to gauge the overall employment scenario in Singapore.

2. Trends and Signals: Our analytics tools provide graphical representations, trends, and signals to help you identify patterns and correlations between the Singapore unemployment rate and other economic indicators.

3. Analytics and Charts: Utilize our interactive charts and analytical resources to gain deeper insights into the unemployment rate data. Customize your analysis by applying filters and comparing different timeframes to better understand the impact of economic events.

4. Export Historical Data: For further analysis or integration into your own systems, you can easily export the historical unemployment rate data from our webpage for free.

5. MacroVar Signals and Analysis: Leverage our MacroVar signals, advanced models, and analysis to gain a deeper understanding of the current and projected unemployment rate trends in Singapore. Benefit from our cutting-edge predictive tools to anticipate potential shifts in the employment landscape.

Our aim is to equip you with accurate, accessible, and insightful information to guide your decision-making and enable a better understanding of the Singapore unemployment rate. Let our webpage be your go-to resource for staying informed about Singapore's job market and deciphering the economic indicators that shape it.

Singapore Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
FTSE Straits Times Singapore STI 3077.16 0 -1 -1.91729 42.4982 -0.00224 0.00366 -0.0325 -0.06547
Singapore ETF EWS 17.6 -0.5 -1 -1.90121 43.7779 0.00457 0.00228 -0.01235 0.02029
Singapore Dollar US Dollar (SGD/USD) SGDUSD 1.3648 -1 0.75 1.27827 46.2556 -0.00249 -0.00343 -0.00161 -0.00423
Singapore 5-Year Bond Yield SG.5Y 2.724 -0.5 -1 -1.5497 33.4509 0.00295 0.00702 -0.08128 -0.03404
Singapore 2-year bond yield SG.2Y 3.565 -1 0.25 0.69849 35.0517 -0.02329 -0.02729 -0.04679 0.11931
Singapore Yield Curve SG.YC -0.27 0 1 1.45575 50.4951 0.08 0.125 -0.1 0.17391
Singapore Credit Default Swaps CDS.Singapore 25.56 1 1 2.35775 83.1306 0.33542 0.40132 0.57389 0.18388
Singapore Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade sg.balanceoftrade 4656.72 5959.98 -22 -26 Down Down 17 2024-03-31
bank lending rate sg.banks.lendingrate 5.25 5.25 0 0 Down Down 61 2021-06-30
banks balance sheet sg.banks.bs 3424520 3413280 0 4 UP UP 31 2024-02-29
business confidence sg.bizconfidence 10 7 43 -69 UP Down 48 2023-12-31
capital flows sg.capitalflows 19902.6 22597.8 -12 -222 Down UP 8 2023-12-31
car registrations sg.carregistrations 3825 3927 -3 -8 Down Down 69 2024-02-29
central bank balance sheet sg.cb.assets 774871 752118 3 15 UP UP 59 2024-03-31
composite pmi sg.comppmi 55.7 56.8 -2 6 UP UP 65 2024-03-31
consumer price index cpi sg.cpi 115.77 114.57 1 4 UP UP 65 2024-01-31
core inflation rate sg.coreinflationrate 3.6 3.1 16 -35 Down Down 60 2024-02-29
current account sg.currentaccount 34411.4 33959 1 95 UP UP 95 2024-03-31
current account to gdp sg.currentaccountgdp 19.8 18 10 -8 UP Down 0 2023-01-31
deposit interest rate sg.depositrate 0.12 0.12 0 -33 Down Down 15 2021-06-30
exports sg.exports 51731.7 49975.1 4 -18 Down Down 4 2023-06-30
external debt sg.externaldebt 2633250 2625190 0 19 UP UP 70 2023-12-31
fiscal expenditure sg.fiscalexp 11835.8 7428.3 59 70 UP UP 87 2024-02-29
foreign direct investment sg.fdi 75741.4 44607.6 70 171 UP UP 97 2023-12-31
foreign exchange reserves sg.fxreserves 497322 480485 4 19 UP UP 72 2024-04-30
gdp sg.gdp 466.79 396.99 18 95 UP UP 0 2022-12-31
Real GDP sg.realgdp 135049 133479 1 15 UP UP 73 2023-12-31
gdp growth sg.gdpgrowth 0.1 1.2 -92 -97 Down Down 33 2024-03-31
gdp growth annual sg.gdpgrowthan 2.7 2.2 23 35 Down UP 78 2024-03-31
gold reserves sg.goldres 230.25 225.36 2 81 UP UP 100 2023-09-30
government budget sg.govbudget -0.3 -0.9 -67 -200 UP Down 0 2022-01-31
Government budget sg.govbudgetvalue 935.1 -422.2 -321 -75 UP Down 37 2024-02-29
government debt sg.govdebt 1150260 1120970 3 63 UP UP 93 2023-12-31
government debt to gdp sg.govdebtgdp 167.8 160 5 73 UP UP 0 2022-01-31
government revenues sg.govrev 12770.9 7006.1 82 19 UP UP 71 2024-02-29
housing index sg.housingindex 204.5 201.5 1 25 UP UP 82 2024-06-30
imports sg.imports 51118 49292 4 5 UP UP 62 2024-03-31
industrial production sg.indproduction 3.8 0.6 533 -140 UP UP 45 2024-02-29
industrial production mom sg.indproductionmm 14.24 -6.68 -313 -214 UP UP 25 2024-02-29
inflation cpi sg.inflationcpi 3.4 2.9 17 -46 Down Down 32 2024-02-29
interbank rate sg.interbankrate 4.06 4.06 0 -1 Down Down 9 2023-08-15
loans to private sector sg.loanprivate 801484 794285 1 -0 UP Down 40 2024-02-29
Manufacturing PMI sg.manpmi 50.7 50.6 0 2 UP UP 88 2024-03-31
money supply m0 sg.msm0 62498.5 62240 0 4 UP UP 27 2024-02-29
money supply m1 sg.msm1 261804 265860 -2 6 UP UP 49 2024-02-29
money supply m2 sg.msm2 785692 786690 -0 4 UP UP 39 2024-02-29
money supply m3 sg.msm3 800692 801516 -0 4 UP UP 39 2024-02-29
new home sales sg.newhomesales 718 149 382 46 UP UP 78 2024-03-31
Producer Price Index sg.producerprices 98.9 98.98 -0 -10 Down Down 10 2024-02-29
PPI Index sg.producerpricesch -2.8 -2.7 4 -40 UP UP 72 2024-02-29
retail sales MoM sg.retailsales 3 -0.5 -700 36 UP UP 83 2024-03-31
retail sales sg.retailsalesan 8.4 1.6 425 91 UP UP 82 2024-03-31
unemployment rate sg.unemploymentrate 2 2 0 -39 Down Down 5 2023-12-31
interest rate sg.interestrate 3.49 3.6165 -3 5 Down UP 78 2023-08-15