Headline in Straight Times newspaper today, Singapore reached a record level of job vacancies. Their data shows 50,200 jobs in the month of September with no one seems interested to apply.
Most of the jobs are in the service sector comprising 75%, while the rest comprise jobs in various sectors.
One tenant in Singapore Flyer has been waiting for 4 months now just to hire waiters and cleaners for his Kaya toast chain. In the end, his stall is still close. He said people are inquiring, but after that, they all end up not interested.
Four out of five vacancies are for rank and file workers, while the rest are for white collar workers.
As Singapore is expected to create another 100,000 jobs for this year, hiring new staff will be a real pain for the human resource department of respective companies.