Job Opportunities in Q3 2021 Up 21% from 2020: Michael Page Singapore

SINGAPORE
– Media
OutReach – 25 October 2021 – Global recruitment specialists Michael Page Singapore witnessed the number of jobs rise in Q3 2021 compared to Q3 2020
by 21%. According to job opportunity data observed by Michael Page, this was
led by growth in job opportunities across certain key sectors from last year
namely Engineering & Manufacturing (up 48%), Digital (up 27%) and
Technology (up 17%). 

Nilay Khandelwal,
Managing Director of Michael Page Singapore

Speaking from recent observations, Nilay
Khandelwal, Managing Director of Michael Page Singapore says, “These optimistic figures are indicative of the market
conditions in Singapore improving and will continue to hold ground because we
foresee various industries to be on the rise. Companies have recognised that
securing the right talent is what will give them the competitive edge. In order
to do so, a number have a clear indication of what skills they require and have
adopted a good attraction strategy which goes beyond just high salaries.”

As Singapore remains an ideal strategic digital location from both an
infrastructure and talent standpoint, the highest demand in this space are for
digital product managers which combine a unique set of skills. Driving the job
opportunities up 27% from Q3 2020, Nilay
Khandelwal observes, “These
special profiles are the most talked about and consists of people who are
either existing product managers or product engineers or in some cases have
been moved into digital roles from an existing marketing function. They are the
brains behind the digital product and will act as a bridge between business and
technical engineers working on product development. Product design roles have
also seen a steady demand especially in the UI/UX area.” 

Job
positions in Engineering & Manufacturing almost doubled this year, up 48%
as companies in Singapore align with the nation’s
industry 4.0 initiatives and actively hire in the automation and digitalisation
functions. This is to increase productivity and aid with the labour shortage
challenges.

“The job types most requested for within the engineering &
manufacturing space are in the automation, digitalisation, technical or
pre-sales as well as R&D functions. This is observed across various sectors
including chemical, building materials and industrial automation to capitalise
on the upward market trend this year,” comments Nilay Khandelwal.

Source: Figures procured from
Michael Page Singapore’s proprietary data