@1m65premiummall: 🚨 Is Singapore’s job market starting to crack? Singapore retrenchments surged to 4,620 in Q2 2026 — the highest level since Q4 2020. At the same time, job vacancies are falling, long-term unemployment is edging up, and fewer retrenched workers are finding another job quickly. The most worrying signals are not just the headline layoffs: * Retrenchments jumped sharply from 3,830 to 4,620 in one quarter * Only 54.9% of retrenched residents found work within six months, down from 60.7% * Job vacancies fell from 73,300 to 68,600 * PMET vacancies weakened particularly in financial services and information & communications * Restructuring is hitting sectors including manufacturing, finance and technology-related industries Singapore’s overall unemployment rate remains low, but beneath that headline, the labour market is showing clear signs of softening. And there may be a much bigger structural issue developing: AI, automation, corporate restructuring and global cost-cutting could permanently change the kind of jobs available in Singapore. In this livestream, I will examine whether this is simply a temporary slowdown — or the beginning of a much tougher employment environment for PMETs, middle-aged workers and fresh graduates. The key question is no longer simply: “Will AI take my job?” It may increasingly become: “If I lose my job, how easily can I find another one paying the same salary?” #SingaporeJobs #Retrenchment #SingaporeEconomy #JobsCrisis #AIJobs

ychoonfong :

Not only retrenchment, FB establishments closing fast! All is high costs!

angam412 :

I really dk what sg govt is doing like everything is super expensive in singapore housing, cars, groceries then jobs now is high in retrenchment then entry level jobs is only like 2K… they’re insane

九月鹰飞 :

If AI technology becomes more and more widespread, the job market will only get bleaker and there will be no possibility of a turnaround

ahlim791 :

u feel nothing now until retrenchment hits you! honestly, it's worrying!

Sebas :

so is this government giving us fake news and information to coverup their job?

Mascot :

Sports the only job cannot be replaced by AI😏

Elsie Ee :

They call this “ongoing transformation to sustain long-term business sustainability.” At this rate, the only thing truly sustainable is the transformation itself. 😂

hello :

The figure cfm higher than reported

iamchoong :

Stats look good but state is bad

༺།༼࿄࿆亿哥࿅࿆༽།༻🇸🇬 :

In simple Chinese term “ I name it 大难临头，各自飞…yet pasted a talisman’s of “restructuring “

D. N :

The rich will be richer and the poor will get poorer due to AI.

Gusto :

You are entering an economy that is growing, that is attracting investments and that is still dynamic. So you are not cooked.”👨‍🍳🍳🥘

ez :

not possible, our gdp & economy grew thats why they can increase their salary 🙄🙄

TeeYo67 :

The retrenchment is being bring ahead because many companies can't see any future. AI is just simply 1 of the reasons.

see lai :

not AI. AirIndia oh!😅

sunnyside :

one of the reasons to kick out the employees= restructuring

meowkingmeow :

While jlb mini$ter$$, mayor$$ not retrenched and still get big pay rise$$$$?

zenith :

this is a global trend now not jus in Spore. companies are cutting cost & embrace tech & AI to keep it less labour intensive. the best defence now is skill upgrade & change career to adapt to the market demand

Ah林狮城 :

The ministers are getting great scale in salary increment. On the ground, a lot of F&B business etc closing down, sight of unoccupied shop & offices, job retrenchments. We really experiencing weird market signals. So is SG's economy doing well or not?

Demongun 素哥☘️ :

zenith :

speaking as a well travelled person, Spore is the very few country considered most employable country in the world

Хайрул :

Retrenchhment yet minister salary increase, people suffer all sort of change of law that chances of people have to pay more... LTA introduced more autonomous taxis which more people will loose livelihood in future.

WoonieTheCat :

and we have the rich still giving utmost support to this government for the stabilization of their own economies

lwin myo aung53 :

how like that?

Andrew Low :

but garment insist job creation outpace job seekers...