The recruiter attributed the dip in employment outlook to weaker hiring sentiments from the previous quarter in six out of nine sectors, as companies looked to streamline their operations, cut costs, and fill the skills gap offshore.
A majority of organisations in each of the nine sectors surveyed reported a talent shortage.
Eight out of the nine sectors, however, maintained positive hiring outlooks for the third quarter of this year, with the transport, logistics, and automotive sector reporting the strongest employment outlook of +47 per cent for Q3.
The outlook for Singapore’s local transport, logistics, and automotive sector ranks second globally, behind only Ireland.
“Green initiatives driving domestic emission reduction are expected to boost job growth in Singapore’s transport, logistics and automotive sector,” Linda Teo, country manager of ManpowerGroup Singapore, said.