{"id":33786,"date":"2024-01-23T13:45:07","date_gmt":"2024-01-23T08:15:07","guid":{"rendered":"https:\/\/www.foundit.sg\/career-advice\/?p=33786"},"modified":"2024-02-26T11:39:09","modified_gmt":"2024-02-26T06:09:09","slug":"foundit-insights-tracker-singapore-dec-2023","status":"publish","type":"post","link":"https:\/\/www.foundit.sg\/career-advice\/foundit-insights-tracker-singapore-dec-2023\/","title":{"rendered":"Singapore&#8217;s Hiring Landscape in December 2023: foundit Insights Tracker\u00a0"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The foundit Insights tracker saw a 15% drop in annual hiring demand in December 2023.&nbsp;&nbsp;<p class=\"wp-block-paragraph\">The tracker also registered a marginal 2% decrease in hiring activity, and a 9% decline in hiring demand over the past six months.&nbsp;&nbsp;<\/p><iframe loading=\"lazy\" src=\"https:\/\/docs.google.com\/presentation\/d\/e\/2PACX-1vRaT7U22CGNx1G3kBvA8sw3OXlZLh_lEjRXgoKBeMJtGtXIxn0OZzoKXcN4D0XuWt-ZSPXLwcN1Dr1N\/embed?start=true&amp;loop=true&amp;delayms=3000\" frameborder=\"0\" width=\"1280\" height=\"749\" allowfullscreen=\"true\" mozallowfullscreen=\"true\" webkitallowfullscreen=\"true\"><\/iframe><div style=\"text-align: center;\">\n<a font-size: 18px;border-radius: 4px;font-weight: bold;\" href=\"https:\/\/media.foundit.in\/career-advice\/wp-content\/uploads\/2024\/01\/fit_SG_-Dec23.pdf\" target=\"_blank\" rel=\"noopener\">Download Dec 2023 fit Report (Singapore) PDF<\/a>\n<\/div><h2 class=\"wp-block-heading\"><strong>Hiring Trends by Industry (YoY numbers)&nbsp;<\/strong>&nbsp;<\/h2><p class=\"wp-block-paragraph\"><em>Just 3 out of 15 industry sectors monitored by the tracker demonstrated a annual growth in hiring in December &lsquo;23<\/em>&nbsp;<\/p><h3 class=\"wp-block-heading\"><strong>In Demand:<\/strong>&nbsp;<\/h3><p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/www.foundit.sg\/search\/import-export-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Import\/Export<\/a> (+5%)<\/strong> and <strong><a href=\"https:\/\/www.foundit.sg\/search\/hospitality-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Hospitality<\/a> (+5%) <\/strong>show resilience.&nbsp;<\/p><h3 class=\"wp-block-heading\"><strong>Facing Challenges:&nbsp;<\/strong>&nbsp;<\/h3><p class=\"wp-block-paragraph\">Significant drops in <strong><a href=\"https:\/\/www.foundit.sg\/search\/it-computers-software-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">IT<\/a>, <a href=\"https:\/\/www.foundit.sg\/search\/telecom-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Telecom<\/a>\/ISP (-32%)<\/strong>, <strong><a href=\"https:\/\/www.foundit.sg\/search\/bfsi-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">BFSI<\/a> (-22%)<\/strong>, and other sectors.&nbsp;<\/p><h2 class=\"wp-block-heading\"><strong>Hiring Trends by Functional Area (YoY numbers)&nbsp;<\/strong>&nbsp;<\/h2><h3 class=\"wp-block-heading\"><strong>In Demand:&nbsp;<\/strong>&nbsp;<\/h3><p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/www.foundit.sg\/search\/legal-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Legal <\/a>(+5%) <\/strong>sees the highest growth, followed by marginal increases in <strong><a href=\"https:\/\/www.foundit.sg\/search\/real-estate-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Real Estate<\/a> and Hospitality &amp; Travel.<\/strong>&nbsp;<\/p><p class=\"wp-block-paragraph\"><strong>Facing Challenges:&nbsp;<\/strong>&nbsp;<\/p><p class=\"wp-block-paragraph\">Major declines in <strong>Software, Hardware, Telecom (-41%) <\/strong>and other areas like <strong>Finance &amp; Accounts and <a href=\"https:\/\/www.foundit.sg\/search\/marketing-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Marketing<\/a> &amp; Communications.<\/strong>&nbsp;<\/p><h2 class=\"wp-block-heading\"><strong>About the foundit insights tracker&nbsp;<\/strong>&nbsp;<\/h2><p class=\"wp-block-paragraph\">The foundit Insights Tracker (fit) Singapore, earlier known as the Monster Employment Index, is the leading guide to Singapore&rsquo;s e-recruitment landscape. By examining millions of job listings, fit provides insights into the hiring trends in Singapore.&nbsp;<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The foundit Insights tracker saw a 15% drop in annual hiring demand in December 2023.&nbsp;&nbsp;The tracker also registered a marginal 2% decrease in hiring activity, and a 9% decline in hiring demand over the past six months.&nbsp;&nbsp;<\/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":["post-33786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights-tracker"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/posts\/33786","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=33786"}],"version-history":[{"count":7,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/posts\/33786\/revisions"}],"predecessor-version":[{"id":34494,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/posts\/33786\/revisions\/34494"}],"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=33786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/categories?post=33786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foundit.sg\/career-advice\/wp-json\/wp\/v2\/tags?post=33786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}