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Who’s hiring? Official data on Singapore’s vacancies in 31 industries: Finance up, IT down

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Ministry of Manpower has released data on job vacancies in Singapore with a breakdown by industry

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Alongside its quarterly labour market update, the Ministry of Manpower released the latest data on job vacancies in Singapore, with a breakdown by industry, providing insights into where the employment opportunities lie this autumn.

Let’s see how the numbers compare against the same time last year. Please note that the figures published this Sep are presented as at Jun and include private companies employing 25 persons or more as well as the public, government sector, and rounded.

Overall, the number of vacancies dropped by about 5.5%, from 82,600 to 78,100. Among them, the number of PMET (Professionals, Managers, Executives & Technicians) openings shrank by 4.85%, from 45,300 to 43,100, making up about 55% of available jobs.

Who’s hiring?

Like last year, the public sector is the most hungry employer, although the number of vacancies on offer dropped by 4.4%. Meanwhile, the best-paid industry, finance, climbs to 2nd from 3rd in 2024, after an over 20% jump in openings over the same point last year.

In 3rd place, rounding out the podium, is the next top payer, the IT sector, sliding down a bit after a 12% drop in available openings.

IndustryNumber of vacancies
Jun 2025
Change
Public Administration & Education8600-4.44%
Financial Services5300+20.45%
IT & Other Information Services4800-12.73%
Health & Social Services3400-19.05%
Construction2500+8.70%
Legal, Accounting & Management Services2400-25.00%
Wholesale Trade2200no change
Manufacturing of Electronic, Computer & Optical Products1400no change
Architectural & Engineering Services1100-8.33%
Other Professional Services1000no change
Manufacturing of Fabricated Metal Products, Machinery & Equipment800+14.29%
Food & Beverage Services800no change
Other Community, Social & Personal Services800no change
Other Administrative & Support Services800-11.11%
Real Estate Services700-12.50%
Retail Trade600-14.29%
Telecommunications, Broadcasting & Publishing600-25.00%
Insurance Services600-25.00%
Other Manufacturing Industries500+66.67%
Arts, Entertainment & Recreation500+66.67%
Water Transport & Supporting Services500no change
Manufacturing of Transport Equipment500-28.57%
Air Transport & Supporting Services400no change
Manufacturing of Petroleum, Chemical & Pharmaceutical Products400-33.33%
Accommodation400-33.33%
Manufacturing of Food, Beverages & Tobacco200no change
Land Transport & Supporting Services200no change
Other Transportation & Storage Services200-33.33%
Cleaning & Landscaping100no change
Manufacturing of Paper / Rubber / Plastic Products & Printing100-66.67%
OTHERS400
Source: Singapore Ministry of Manpower, Job Vacancy by Industry and Occupational Group, released on Sep. 17, 2025

As you can see, most industries are reporting declines in the number of available vacancies, which can be really painful in smaller, more specialised professions where even a few dozen jobs less means a proportionately larger drop in career opportunities.

Of course, everything is relative in the labour market—not only the number of job postings, but also the size of the entire industry, the number of applicants and how big the gap that employers are trying to fill is.

IndustryVacancy rate in 2025Vacancy rate in 2024
IT & Other Information Services5.1%6.0%
Public Administration & Education4.7%5.1%
Accommodation4.3%6.0%
Other Professional Services3.9%4.3%
Air Transport & Supporting Services3.8%3.7%
Other Community, Social & Personal Services3.7%4.4%
Arts, Entertainment & Recreation3.5%2.9%
Financial Services3.5%3.0%
Health & Social Services3.4%4.0%
Architectural & Engineering Services3.0%3.4%
Legal, Accounting & Management Services3.0%4.2%
Manufacturing of Electronic, Computer & Optical Products3.0%2.9%
Other Manufacturing Industries3.0%2.2%
Real Estate Services2.9%3.5%
Other Administrative & Support Services2.8%3.7%
Telecommunications, Broadcasting & Publishing2.8%3.7%
Insurance Services2.6%3.4%
Food & Beverage Services2.5%2.6%
Water Transport & Supporting Services2.5%3.1%
Construction2.4%2.9%
Retail Trade2.4%2.7%
Manufacturing of Fabricated Metal Products, Machinery & Equipment2.3%2.0%
Manufacturing of Paper / Rubber / Plastic Products & Printing2.1%3.9%
Wholesale Trade2.1%2.4%
Cleaning & Landscaping2.0%2.2%
Manufacturing of Food, Beverages & Tobacco1.9%1.9%
Manufacturing of Petroleum, Chemical & Pharmaceutical Products1.7%2.2%
Manufacturing of Transport Equipment1.6%2.1%
Land Transport & Supporting Services1.5%3.4%
Other Transportation & Storage Services1.2%1.4%
OTHERS*3.8%2.2%
Source: Singapore Ministry of Manpower, Job Vacancy Rate by Industry and Occupational Group, released on Sep. 17, 2025

And by its size, it’s the IT sector that is still in search of talent, with over 5% of all jobs open to hiring. Nevertheless, that gap is visibly smaller than last year and it’s a similar story with most industries, save for outliers like, again, finance, as well as arts and, to a lesser degree, subcategories in domestic manufacturing.

That last finding may bode well for the sector’s resilience to the global tariff upheaval started by the US, but we’ll have to wait a few months before drawing any final conclusions.

Featured Image Credit: imtmphoto/ depositphotos

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