Chart of the Day: Check out the thinning job vacancies in Singapore

Job posts declined to 49,400 in June.

Jobseekers in the city-state are in for a challenge and tighter competition as they vie for declining job posts.

According to the latest figures of the Ministry of Manpower (MoM), job posts declined from 50,000 in March to 49,400 in June.

The downtrend has been on since March 2015, when vacancies declined by 1,000.

"Coupled with the increase in unemployed persons, the seasonally adjusted ratio of job vacancies to unemployed persons declined further to 93 openings per 100 seekers in June 2016, from 103 in March 2016," MoM said.

Among the vacancies in June 2016, 52% of the vacancies were for Professionals, Managers, Executives and Technicians (PMETs). Around 26% were posts for clerical, sales & service workers.

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