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45% employers plan to hire more staff in Q1 2025, but 20% plan to reduce hiring efforts

The article from The Independent Singapore discusses a survey by the ManpowerGroup which reveals that 45% of employers in Singapore plan to increase their hiring in the first quarter of 2025, reflecting a positive outlook on economic recovery and business growth. However, there is a contrasting trend where 20% of employers intend to reduce their hiring efforts, possibly due to economic uncertainties or strategic business adjustments. This dichotomy highlights the mixed economic signals in the region, with sectors like technology, finance, and healthcare showing robust hiring intentions, while others like retail and hospitality are more cautious. The survey also notes that despite the hiring intentions, there is a significant challenge in finding the right talent, with skill shortages being a persistent issue.

Read the Full The Independent Singapore Article at:
[ https://theindependent.sg/45-employers-plan-to-hire-more-staff-in-q1-2025-but-20-plan-to-reduce-hiring-efforts/ ]