{"id":22892,"date":"2023-11-23T16:16:31","date_gmt":"2023-11-23T10:46:31","guid":{"rendered":"https:\/\/www.foundit.sg\/career-advice\/?p=22892"},"modified":"2024-01-12T12:38:47","modified_gmt":"2024-01-12T07:08:47","slug":"foundit-insights-tracker-singapore-oct-2023","status":"publish","type":"post","link":"https:\/\/www.foundit.sg\/career-advice\/foundit-insights-tracker-singapore-oct-2023\/","title":{"rendered":"Singapore&#8217;s Hiring Trends: October 2023 Overview\u00a0"},"content":{"rendered":"\n<p>The foundit insights tracker for Singapore showed a 13% annual decline in e-recruitment as of October 2023, with a moderate month-over-month increase.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Hiring Landscape<\/strong>&nbsp;<\/h2>\n\n\n\n<p>Despite the YoY decline, the tracker&#8217;s month-over-month increase of xx% increase suggests an emerging positive trend in the job market.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Findings \u2014 Sector-wise Insights<\/strong>&nbsp;<\/h2>\n\n\n\n<p><strong>Growth Sectors:<\/strong> Retail\/Trade and <strong><a href=\"https:\/\/www.foundit.sg\/search\/logistics-jobs\" target=\"_blank\" rel=\"noopener\" title=\"Logistics \">Logistics <\/a><\/strong>(+13%), Hospitality (+9%), and Government\/PSU\/Defence sectors (+3%) showed positive growth. Growth in <strong><a href=\"https:\/\/www.foundit.sg\/search\/hospitality-jobs\" target=\"_blank\" rel=\"noopener\" title=\"hospitality \">hospitality <\/a><\/strong>can be directly attributed to resurgence of air travel and rise in inbound tourism.&nbsp;<\/p>\n\n\n\n<p><strong>Declining Sectors: <\/strong>IT, Telecom\/ISP (-26%), BFSI (19%), and Advertising sectors experienced notable annual decreases.&nbsp;<\/p>\n\n\n\n<iframe loading=\"lazy\" src=\"https:\/\/docs.google.com\/presentation\/d\/e\/2PACX-1vSV5FFrC5U65w9C7FnVj-mAs0vfHhTtZvnV4Gp4IC9J_PuGlgyCknUM23a2Y4aM-A\/embed?start=false&#038;loop=false&#038;delayms=3000\" frameborder=\"0\" width=\"640\" height=\"389\" allowfullscreen=\"true\" mozallowfullscreen=\"true\" webkitallowfullscreen=\"true\"><\/iframe>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Functional Area Insights<\/strong>&nbsp;<\/h2>\n\n\n\n<p><strong>In Demand:<\/strong> Real Estate and Hospitality &amp; Travel roles showed significant increases in demand, with +18% and +14% growth respectively.&nbsp;<\/p>\n\n\n\n<p><strong>Facing Challenges: <\/strong>Software, <strong><a href=\"https:\/\/www.foundit.sg\/search\/hardware-jobs\" target=\"_blank\" rel=\"noopener\" title=\"Hardware\">Hardware<\/a><\/strong>, Telecom (-40%), Finance &amp; Accounts (-17%), and Marketing &amp; Communications (-14%) roles witnessed notable declines.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About the foundit insights tracker <\/strong>&nbsp;<\/h2>\n\n\n\n<p>The foundit Insights Tracker (fit) Philippines, earlier known as the Monster Employment Index, is the leading guide to Singapore&#8217;s e-recruitment landscape. By examining millions of job listings, fit provides insights into the hiring trends in Singapore.&nbsp; &nbsp;<\/p>\n\n\n\n<div style=\"text-align: center;\">\n<a style=\"display: inline-block;background-color: #7900c6;color: #fff;text-align: center;padding: 10px 20px;text-decoration: none;font-size: 18px;border-radius: 4px;font-weight: bold;\" href=\"https:\/\/media.foundit.in\/career-advice\/wp-content\/uploads\/2023\/11\/fit_SG_-Oct23.pptx.pdf\" target=\"_blank\" rel=\"noopener\">Download Oct 2023 fit Report (Singapore) PDF<\/a>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The foundit insights tracker for Singapore showed a 13% annual decline in e-recruitment as of October 2023, with a moderate month-over-month increase.&nbsp; Hiring Landscape&nbsp; Despite the YoY decline, the tracker&#8217;s month-over-month increase of xx% increase suggests an emerging positive trend in the job market.&nbsp; Key Findings \u2014 Sector-wise Insights&nbsp; Growth Sectors: Retail\/Trade and Logistics (+13%), [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17264,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"post-22892","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-insights-tracker"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/posts\/22892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/comments?post=22892"}],"version-history":[{"count":5,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/posts\/22892\/revisions"}],"predecessor-version":[{"id":33687,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/posts\/22892\/revisions\/33687"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/media\/17264"}],"wp:attachment":[{"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/media?parent=22892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/categories?post=22892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/tags?post=22892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}