Back to today’s briefing

Story perspectives

Singapore's Job Growth Amid Declining Labor Force Participation

11/28/2025

33 5

Summary

Story summary

In Singapore, permanent employment rose in professional services and health.
The labour force participation rate fell to 67.9% from 68.2% in 2024, due to ageing since 2021 amid the COVID-19 pandemic.
The Ministry of Manpower reports about 1.16 million people outside the labour force, with retirement accounting for 30.1%.
Family responsibilities account for 22%, and housework for 15.8%.
The trend is expected to persist as baby boomers retire.

1 of 1

Story summary

In Singapore, permanent employment rose in professional services and health.
The labour force participation rate fell to 67.9% from 68.2% in 2024, due to ageing since 2021 amid the COVID-19 pandemic.
The Ministry of Manpower reports about 1.16 million people outside the labour force, with retirement accounting for 30.1%.
Family responsibilities account for 22%, and housework for 15.8%.
The trend is expected to persist as baby boomers retire.