The Labour Market Highlights 2009 is a labour market guide jointly produced by the Ministry of Manpower (MOM)). The Highlights provides information on jobs in demand across 16 industry groups within the manufacturing, services (including tourism) and construction sectors, and covers both executive and non-executive positions.
The Labour Market Highlights 2009 is a labour market guide jointly produced by the Ministry of Manpower (MOM)). The Highlights provides information on jobs in demand across 16 industry groups within the manufacturing, services (including tourism) and construction sectors, and covers both executive and non-executive positions. The guide aims to give jobseekers a better understanding of the opportunities in the current and future job market, and help them make more informed career choices in 2010. It can be summarized as follows;
(1) Tourism – Integrated Resorts
Since the government invested in construction of 2 maga resorts which are Resort World at Sentosa and Marina Bay Sands, each mega-resort will feature Universal Studios theme park, Life Park and the spa. The resort will feature 6 hotels and casino which could create jobs for estimated 20,000 positions such as Casino Accounting Manager, Attraction Operation Managers, Pit/Cage Managers, Croupier, Theme Park Operator, Cage Cashiers, etc.
(2) Hotels
The opening of new hotels and expansion of existing ones has led to continued demand for manpower, the Integrated Resorts for example will have 4,400 hotel rooms but the supply of hotel rooms is slated to increase by more than 15,000 over the next 3 to 4 years. As a result, numerous and exciting job opportunities will be available for job seekers.
(3) Meetings, Incentive, Convention & Exhibition : MICE, Tour & Travel and Spa & Wellness
Economic recovery and open mega resort help MICE and tourism expanded and the increasing popularity of lifestyle industries and spa tourism, the spa&wellness industry has grown continually leading to an opportunity of employment occasion.
(4) Food & Beverage and Retail
The opening of new shopping malls such as Orchard Central and opening mega resorts significantly stimulated the labour demand in relevant position.
(5) Precision Engineering : PE
The PE industry forms the backbone of Singapore’s complex mix of manufacturing activities. With its highly specialised skills sets, precision engineering is an integral part of the manufacturing chain for all kinds of sophisticated products, ranging from the smallest semiconductor wafer to cutting-edge medical devices and advanced aerospace components. The Singapore government targets to double the value-add of the industry to 9.5 billion Singapore Dollar by 2018 which will result in 5,000new PE jobs being created.
(6) Electronics
Rising wealth creation and an expanding middle class in China, India and other emerging economies will fuel strong demand for electronics products leading to increase of investment and creating over 2,400 new jobs.
(7) Chemicals
Singapore consistently ranks among the world’s top three oil trading locations and is recognised as a global leader in oil refining. As thecenterpiece of Singapore’s energy and chemicals industry, Jurong Islandis recognised globally for its highly integrated, world-scale chemical complexes where companies can access the full range of resources tocomplete their manufacturing chain. chemicals companies continue to press ahead with projects that had been committed to before the downturn. This creates a cost-competitive and synergistic environment for some of the world’s leading petroleum,petrochemicals and specialty chemicals giants, including Shell,ExxonMobil, Chevron Texaco, Mitsui Chemicals, Degussa and Akzo Nobel. Particullary, ExxonMobil and Shell will continue to create demand for Process Engineers and Process Technicians, expected to create approximately 1,000 jobs over the next 2 years.
(8) Biomedical Science
The biomedical sciences industry is a key component of Singapore’s manufacturing sector such as including R&D, drug discovery and manufacturing and an ageingpopulation and growing affluence in emerging economics will createdemand for new drugs and medication. The new pipeline of biologics manufacturing investments over the next few years, coupled with theintroduction of higher value products, will further boost growth ofSingapore’s BMS industry.
(9) (Aerospace)
There are more than 100 aerospace companies in Singapore, engaging in Maintenance, Repair and Overhaul (MRO).Industry, with the global MRO market expected to grow strongly over the next 10 years. In a sign of its continued confidence in Singapore, Rolls-Royce announced plans to build a new factory at Seletar Aerospace Park to manufacture specialized fan blades for aircraft engines. The new plant will create 500 new jobs, and increase Rolls Royce’s total investment at Seletar to more than 700 million Singapore Dollar.
(10) Financial Service
Singapore is one of the top 5 most active foreign exchange trading centres in the world and a leading commodities trading hub. Singapore’s financial sector is well-positioned to tap these growth opportunities due to our reputation for trust and competence
(11) Logistics
Singapore has become a leading global logistics hub and supply chain management nerve centre. Today, more than 300 international and local logistics companies have established operations in
Singapore.
(12) Administrative & Support Services
The growth of business causing a demand of administrative and support service the security industry such as the security industry and cleaning industry, etc.
(13) Infocommunications Technology : ICT
Government has announced that it will be spending a total of1.73 billion Dollar Singapore to support the pipeline of new infocomm projects between 2009-2010. The Intelligent Nation 2015 (iN2015) plan has also been launched, with the aim of doubling value-add of the industry to 26billion Singapore Dollar, increasing ICT export revenue to 60 billion Singapore Dollar and creating 80,000 ICT and related jobs by 2015.
(14.) Healthcare and Social & Community Services
The number of Singaporeans aged 65 years and above is projected to increase to 900,000 by 2030. This will compound healthcare needs as the elderly are more likely to be hospitalized and consumer more healthcare resources. As Singapore’s healthcare industry continues to grow, there is strong demand for skilled healthcare professionals. Over the next 2 years, the public healthcare sector expects to create 4,500 healthcare jobs.
(15) Arts, Design & Media
Art, Design and Media are regarded as the key industry of Singapore which is highly pipeline-dependent and new job opportunities will continue to arise as projects are secured.
(16) Construction
Construction demand is expected to remain strong, fuelled by ongoing mega projects
such as the Integrated Resorts, Marina Business Financial Centre,Downtown MRT Line and petrochemical plants. Private construction demand from residential and commercial developments is also expected to rise as the economy recovers.
source , : , labor Singapore office ,
