Labour Market Statistics
Report on Wages in Singapore 2007
These are some of the findings of the `Report on Wages in Singapore, 2007' published by the Ministry of Manpower's Research and Statistics Department. The 210-page Report provides information on salaries of over 300 occupations as well as wage changes and bonuses paid in various industries. It also includes information on the extent to which employers have restructured their wage systems.
The Singapore economy grew by an above-trend rate of 7.7% in 2007, after three previous years of strong growth. The robust economic performance led to another record-breaking year for employment creation and a decade-low unemployment rate. Amid the tight job market, wages have also increased. On the flip side, productivity has contracted after experiencing slowing growth in the previous two years.
Labour Market Publications
Singapore Workforce 2007
This paper highlights key findings from the comprehensive Labour Force Survey conducted in mid 2007. Specifically, it profiles the resident workforce in Singapore in terms of their demographic and economic characteristics, focusing on the changes over time.
Statistical Profile of Older Employees
This paper released in February 2007 examines the participation of older persons in the Singapore labour market and compares this with other countries. It also profiles older employees in Singapore in terms of their demographic and labour market characteristics, including the jobs and industries they are employed in and how much they earn.
Firms' Adoption of Age-Positive Human Resource Practices
This report examines retirement policies and re-employment practices of firms as well as their perception towards employing mature workers. It also examines awareness of employers of the ADVANTAGE! Scheme, introduced in January 2006 to encourage employers to hire mature workers aged 40 & above or re-employ them beyond the age of 62.