The Ministry of Manpower’s Labour Market Report for the second quarter of 2025 shows that Singapore’s labour market remained resilient, in line with continued economic expansion. Total employment rose by 10,400 in Q2 2025, improving from the muted gains in Q1 2025. Retrenchments and re-entry ratesRetrenchments remained low at 1.4 per 1,000 employees, with 3,540 employees retrenched in Q2 2025, a slight decrease from 3,590 in Q2 2025. Employees placed on short working week or temporary layoff remained low at 620 in Q2 2025. Labour market assessment and outlookIn August 2025, the Ministry of Trade (MTI) upgraded Singapore’s GDP growth forecast for 2025 from 0.0%–2.0% to 1.5%–2.5%.