Daily Briefing: Over 10,000 employers got help in hiring staff or transforming jobs; ERA unveils new foreign partnership

And strongest hiring prospects for Singapore, others in Q2 2021.

From ChannelNewsAsia:

More than 10,000 employers from a variety of sectors received help in hiring staff or transforming jobs last year, the Ministry of Manpower (MOM) and Workforce Singapore (WSG) said on 12 March.

This is a 45% increase from 2019, the ministry said in its latest Jobs Situation Report. About 90% of the employers that received help were small and medium-sized enterprises (SMEs).

Efforts to help these employers included increasing outreach activities, expanding career conversion programmes, and introducing job transformation programmes to help them meet changing manpower needs, said MOM and WSG.

Speaking to the media after a visit to Parkroyal on Kitchener Road hotel, Manpower Minister Josephine Teo noted that the increase in companies receiving help in recruitment was encouraging.

Read more here.

From PropertyGuru:

ERA, Singapore’s largest international real estate agency, is expanding its regional presence with its entry into a new overseas partnership with homegrown Indian real estate agency, HomeSFY.

ERA was appointed as consultant for HomeSFY, which has presence across four cities in India, namely Mumbai, Pune, Delhi, and Bengal.

The Indian real estate market reportedly attracted more than $8.1b (US$6.06b) in 2019, and is forecasted to reach a market size of $1.3t (US$1t) by 2030.

“This partnership is believed to drive more value and opportunities to ERA and its network of trusted advisors,” said ERA in a release.

For the first time on 10 March, ERA held its annual Asia Pacific Business Conference virtually.

Read more here.

From HumanResourcesOnline:

Job seekers in Singapore can expect the strongest hiring intentions in six years during the coming quarter, according to employers. Workforce gains are anticipated in all seven industry sectors, as the national forecast continues to improve for the third consecutive quarter.

Out of 570 employers surveyed in Singapore, 20% expect to increase payrolls, 3% anticipate a decrease and 74% forecast no change. The resulting Net Employment Outlook is +17% after seasonal adjustments, improving by 2 percentage points from the prior quarter and 8 percentage points when compared with this time one year ago.

This is the strongest outlook reported for Singapore in six years, following last quarter’s outlook of +15%.

Read more here.