T&S Asset Management

Singapore

Retrenchments rose to 4,620 in Q2 2026 and the six-month re-entry rate fell to 54.9%, with unemployment at 1.9%; MAS core inflation was 2.2% in August.

Last updated
28 Sep 2026
Latest data as of
31 Aug 2026
Retrenchments4,620up 790 from 3,830 in Q1 202630 Jun 2026 · MOM: Labour Market Report 2Q 2026
Six-month re-entry rate of retrenched residents54.9%down 5.8 pp from 60.7% in the previous quarter30 Jun 2026 · MOM: Labour Market Report 2Q 2026
Unemployment rate, overall1.9%30 Jun 2026 · MOM: Labour Market Report 2Q 2026
MAS core inflation
Excluding accommodation and private transport.
2.2%up from 2.0% in July31 Aug 2026 · MTI: Consumer Price Developments in August 2026 (2026-09-23)
Singapore retrenchments (quarterly) (people)
020004000600030502024Q336802024Q435902025Q135402025Q236702025Q336902025Q438302026Q146202026Q2
Singapore retrenchments (quarterly) (people)
2024Q33050
2024Q43680
2025Q13590
2025Q23540
2025Q33670
2025Q43690
2026Q13830
2026Q24620

Total retrenchments per quarter, rounded to the nearest ten (MOM Retrenchment Summary Table) · Source: MOM: Retrenchment Summary Table

Key indicators and definitions

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IndicatorValueDefinition and scopeBasis dateSourceDefinition and source
Retrenchments4,620up 790 from 3,830 in Q1 2026Total retrenchments in the quarter, rounded to the nearest tenSingapore labour market (MOM)30 Jun 2026MOM: Labour Market Report 2Q 2026
Definition and source

Total retrenchments in the quarter, rounded to the nearest ten

Scope: Singapore labour market (MOM)

Source: MOM: Labour Market Report 2Q 2026

Six-month re-entry rate of retrenched residents54.9%down 5.8 pp from 60.7% in the previous quarterShare of retrenched residents re-employed within six monthsSingapore labour market (MOM)30 Jun 2026MOM: Labour Market Report 2Q 2026
Definition and source

Share of retrenched residents re-employed within six months

Scope: Singapore labour market (MOM)

Source: MOM: Labour Market Report 2Q 2026

Unemployment rate, overall1.9%Seasonally adjusted unemployment rate, overallSingapore labour market (MOM)30 Jun 2026MOM: Labour Market Report 2Q 2026
Definition and source

Seasonally adjusted unemployment rate, overall

Scope: Singapore labour market (MOM)

Source: MOM: Labour Market Report 2Q 2026

MAS core inflation2.2%
Excluding accommodation and private transport.
up from 2.0% in July
Year-on-year change in MAS core CPISingapore, national31 Aug 2026MTI: Consumer Price Developments in August 2026 (2026-09-23)
Definition and source

Year-on-year change in MAS core CPI

Scope: Singapore, national

Source: MTI: Consumer Price Developments in August 2026 (2026-09-23)