How did non-resident employment drive Singapore’s 2023 job growth?

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Non-Resident Employment Fueled Singapore's 2023 Job Growth, Primarily in Construction and Manufacturing

Singapore's total employment saw an increase of 88,400 individuals in 2023. This overall expansion was predominantly driven by a significant rise in non-resident employment, which accounted for the vast majority of the new jobs. The growth in non-resident workers was concentrated in specific sectors vital to the nation's infrastructure and production.
Non-Resident Workforce Expansion

In 2023, non-resident employment in Singapore grew by 83,500 persons. This figure represents a substantial portion of the total employment increase, indicating a strong reliance on foreign labour to meet workforce demands across various industries. The Ministry of Manpower's report highlights this segment as the primary engine for job growth during the year.
Sectoral Concentration of Growth

The surge in non-resident employment was not evenly distributed across the economy. Instead, it was predominantly observed within the construction and manufacturing sectors. These industries, often requiring a significant labour input for large-scale projects and production lines, appear to have absorbed the majority of the newly arrived non-resident workers.
Resident Employment Growth Contribution

While non-resident employment was the main driver, resident employment also saw growth, albeit at a much smaller scale. In 2023, resident employment increased by 4,900 individuals. This growth was mainly concentrated in sectors such as financial services and professional services, suggesting a different dynamic for the local workforce compared to the sectors dominated by non-residents.

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How did non-resident employment drive Singapore’s 2023 job growth?

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