Wednesday, April 15, 2009

Employment Trends in Singapore

Singapore total population is nearly 4.2 million and it is growing at the rate of 3.54 percent every year. Chinese people take the major part and it is recorded as 76.9 percent of the total population. This is followed by Malays, Indians and other ethnic groups as well. In Singapore the official languages are Tamil, Malay and English. The language of administration is usually English.

In the year of 2000, Singapore’s employees grew by 108,487 and it was nearly three times than its growth the year before. Over the past twenty years, employment growth in Singapore has been broad. Some of the major sectors were commerce, manufacturing, and services. All these sectors recorded noteworthy increase in number of employees.

The industries that have seen the most growth can be mentioned as chemicals, electronics, manufacturing and engineering. Financial and business services have also developed very quickly.

Singapore depends on foreign or overseas workers primarily in two types of jobs and these are low-skilled positions, and high-tech and R&D jobs. For these two types the Singaporeans are not enough qualified. In the year 2001 a survey was conducted in Singapore and it was found that 57% of Singaporean companies hire foreign workers. Out of which 21% are in the high-tech and IT industries. Often the best foreign workers in Singapore’s civil service are offered citizenship.
In some of the areas foreigner do not get chance and these are civil service areas such as defense and economic, social, and foreign policy.

The Ministry of Manpower declared that at about 20,000 to 25,000 new jobs will be created every year of the 21st century. R&D and Biotechnology will be particularly important. It is expected that the increase in the number of multinational corporations investing in Singapore will definitely create a demand for experienced foreign or international workers. There are some excellent opportunities for foreign workers in manufacturing logistics and health care.

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