SINGAPORE: Singapore’s job market is expanding in a meaningful way as nearly half of all vacancies in 2025 were for entirely new roles rather than replacements. That signals real growth, beyond staff turnover.

Data from the Ministry of Manpower (MOM) show that 49.3% of job openings were from newly created positions. A further 34.7% were tied to brand-new functions within companies.

That points to businesses moving into new areas, even amid global trade concerns.

New roles, not recycled jobs

The numbers suggest a change in how companies are hiring, with more firms building new teams or exploring new capabilities, rather than expanding existing ones.

Traditional expansion still plays a role, making up 55.8% of vacancies. But the rise in new functions shows a labour market that is adapting, not standing still.

This matters for job seekers as new roles often come with less rigid expectations and more room to grow into the job.

Tech still leads, but not alone

The Information & Communications sector remains the biggest source of new roles. Close to three-quarters of its vacancies didn’t exist before.

Other sectors are catching up. Professional Services and Finance & Insurance each saw more than half of their openings classified as new roles. Construction also ranked high, though much of that demand leans toward non-PMET (Professionals, Managers, Executives, and Technicians) jobs.

For Singapore’s workforce, this spread across industries reduces reliance on a single sector and opens more entry points.

Skills beat paper qualifications

One trend stands out: more employers are now placing less weight on academic results.

Around 70% said qualifications are no longer their main concern. What matters more is practical experience and relevant skills.

Many roles stay open for over six months because candidates lack hands-on experience.

Most employers want at least 2 to 5 years of experience in a similar role. Only about 20% are open to hiring complete beginners.

Fresh graduates face a tougher entry, but not a closed door.

The public sector remains more open to candidates with limited experience, especially for roles in administration and education.

Where the money is

The most in-demand PMET roles in 2025 span both public and private sectors. Teaching professionals top the list, with salaries ranging from S$2,611 to S$8,580.

Tech roles continue to command strong pay. Software developers can earn between S$7,000 and S$10,000, while systems analysts and financial advisers reach up to S$9,700 and S$12,000, respectively.

Engineering roles remain steady earners, while accountants and sales executives offer more moderate pay but wider availability.

High-skill roles pay well, but broader roles offer more openings.

Firms expect workers to arrive with practical skills

This is not just a hiring cycle, as it shows a change in how companies operate.

Firms are experimenting with new functions, especially in tech and digital services. At the same time, they expect workers to arrive with practical skills, not just academic credentials.

For job seekers, the message is that an academic degree helps, but it is no longer enough on its own.

The job market now rewards those who show they can do the work

There is an opportunity, but it comes with a trade-off. Employers are hiring more, but they are also more selective.

A practical move is to build experience early. Internships, freelance work, and project-based roles can close that experience gap faster than waiting for the perfect job.

The market is growing, but it rewards those who show they can do the work, not just study it.

This article (MOM: Singapore’s in-demand jobs, new roles and salary levels revealed) first appeared on The Independent Singapore News.

UNITED STATES: Meta will reportedly begin its planned first wave of layoffs on May 20, cutting 10%, or about 8,000, of its global workforce, Reuters reported, citing three sources familiar with the plans.

The sources also said there are further layoffs in the second half of the year, although details such as timing and size have not been finalised. Plans may also change depending on developments in artificial intelligence capabilities, they added.

Amid reports of the upcoming layoffs, Business Insider reported, citing two sources familiar with the matter, that Meta “quietly” hired two founding members of artificial intelligence research and product company Thinking Machines Lab, Mark Jen and Yinghai Lu, along with AI researcher Tianyi Zhang, who all previously worked at Meta.

The three, who are recent departures from the US$12 billion AI startup founded by former OpenAI executive Mira Murati, have not yet disclosed their move on LinkedIn.

Other companies that have had massive layoffs include Amazon, Block, and Oracle.

So far this year, 73,212 tech employees have lost their jobs, according to data from Layoffs.fyi. While many companies have been citing AI-driven efficiency as a reason for job cuts, analysts argued that companies have been “AI-washing” layoffs instead of citing other reasons for the cuts. /TISG

Read also: ‘So this is what AI will drive’: Workers react as PwC partner pay rises amid AI push and fewer staff

This article (Meta to begin first wave of layoffs on May 20, cutting about 8,000 jobs, with more layoffs expected later: Reports) first appeared on The Independent Singapore News.