Hiring to remain strong in Q4

Hiring to remain strong in Q4

Singapore - Singapore's hiring spree is set to continue in the last quarter of 2010, according to latest employment survey conducted among 699 employers by recruitment firm Manpower Singapore.

The Q4 net employment outlook, which is derived by subtracting the proportion of employers anticipating a drop in recruitment from the proportion expecting a rise, stood at 23 percent for the October - December period. While this might not match the red-hot market seen in 2007 and 2008, the hiring sentiments for Q4 echoes its previous quarter for the year.

The industries looking to expand headcount include public administration and education as well as the wholesale and retail trade. Hiring in the mining and construction sector, finance, insurance and real estate are also expected to increase its headcount as well.

On the flip side, hiring is expected to slow in the fourth quarter in the transportation and utilities sector as well as in the services trade.

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