Singapore - Unemployment
Singapore: Unemployment
| Mnemonic | LBU.ISGP | |
|---|---|---|
| Unit | Ths. #, NSA | |
| Adjustments | Not Seasonally Adjusted | |
| Quarterly | 11.86 % | |
| Data | 2022 Q4 | 67.6 |
| 2022 Q3 | 76.7 | |
Series Information
| Source | Singapore Department of Statistics (DOS) |
| Release | Unemployment - Final Results |
| Frequency | Quarterly |
| Start Date | 3/31/1992 |
| End Date | 12/31/2022 |
Singapore: Labor
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Unemployment | 2022 Q4 | 67.6 | 76.7 | Ths. #, NSA | Quarterly |
| Unemployment Rate | 2022 Q3 | 2 | 2.1 | %, SA | Quarterly |
| Wage & Salaries | 2022 Q3 | 5,796 | 5,847 | SGD, NSA | Quarterly |
| Labor Force | 30 Jun 2022 | 3,754 | 3,607 | Ths. # | 365 days |
| Labor Force Employment | 30 Jun 2022 | 3,656 | 3,483 | Ths. # | 365 days |
| Secondary Industries Employment | 2021 | 449.2 | 450.8 | Ths. # EOP | Annual |
| Tertiary Industries Employment | 2021 | 2,759 | 2,722 | Ths. # EOP | Annual |
| Agriculture Employment | 2017 | 3,887 | 3,851 | # | Annual |
| Total Employment | 2017 | 3,669 | 3,673 | Ths. #, End | Annual |
Release Information
For Singapore, a quarterly labor force survey, with standard measures (labor force, employment, unemployment, unemployment rate), detail for residents, vacancies, and retrenched workers.
- Measurements:
- Thousands of persons (Ths. #)
- Percent (%)
- Adjustment: Not seasonally adjusted (NSA)
- Native frequency:
- Quarterly
- Annual (Comprehensive Labor Force Survey)
- Start dates:
- Uniformly 1992Q1
- As early as 1970
Survey coverage includes private households on the main island of Singapore, but excludes (a) workers living in construction worksites, dormitories and workers' quarters at the workplace and (b) persons commuting from abroad to work in Singapore. Estimates of the total labor force synthesize data on residents and on the foreign workforce, obtained from the survey and from administrative records, respectively.
The survey covers a sample of 10,200 households every month. Respondents can complete the survey on-line via the internet, by telephone, or by face-to-face interviews.
The reference period is the week preceding the date of the survey interview.
Definitions
- Labor force
- Persons aged 15 years and over who are either employed (i.e., working) or unemployed (i.e., available and actively looking for work) during the reference period. This group is also known as the economically active population.
- Employed persons
- Persons aged 15 years and over who, during the reference period:
- Work for one hour or more either for pay, profit or family gains; or
- Have a job or business to return to but are temporarily absent because of illness, injury, breakdown of machinery at workplace, labour management dispute or other reasons; or
- Are members of the Singapore Armed Forces including full-time National Servicemen, unless otherwise specified.
- Unemployed persons
- Persons aged 15 years and over who are not working but are available for work and are actively looking for a job during the reference period. They include persons who are not working but are taking steps to start their own business or taking up a new job after the reference period.
- Resident
- Also known as a local.
- Foreign workforce
- Retrenched worker
- Job vacancy
- Educational attainment
- The highest level or standard which a person has passed or attained either through attendance at an institution of learning or through correspondence or self-study.
- Migrant domestic worker (MDW)
- Ministry of Manpower (MOM)
Moody's Analytics supplements
In NSA terms, we compute labor force and employment as identities from unemployment and the unemployment rate. The unemployment rate is reported in seasonally adjusted terms, but we construct SA counterparts for the remaining three measures.
