[embed]https://www.youtube.com/shorts/0tkeN7qshyc[/embed]
🚨 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?”
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