Singapore anticipates a more stable trajectory towards recovery in 2024, coinciding with an expected rise in salaries.
In the face of economic uncertainty, job markets in the Asia Pacific region experienced a slowdown in 2023 as a whole.
While the job markets in Southeast Asia and especially Singapore, remained buoyant in 2023, they still didn’t manage to reach the demand observed in 2022. However, Singapore anticipates a more stable trajectory towards recovery in 2024, coinciding with an expected rise in salaries, according to latest data by Links International.
According to a Singapore Business Federation survey cited, 67% of…