The statistic shows the youth unemployment rate in Singapore from 1999 and 2020. Singapore’s unemployment rate in November fell for the first time in 2020, a sign that the worst could be over for the labour market amid the COVID-19 pandemic. Chart. Report: Monthly Unemployment Situation October 2020 - Unemployment rates remained elevated in October 2020 (overall: 3.6%; resident: 4.8%; citizen: 4.9%). This was the highest jobless rate since the June quarter of 2004, as the COVID-19 crisis took a huge toll on the economy. Singapore SINGAPORE'S unemployment rate could reach around 4 per cent in 2020 as the country toils to contain the spread of the novel coronavirus with an extended circuit breaker that economists say could lead to a deeper recession. In 2020, approximately 8.35 percent of the labor force aged 15 to 24 years in Singapore were estimated to be unemployed. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Figures have been rounded. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). In, World Bank. Then you can access your favorite statistics via the star in the header. Then you will be able to mark statistics as favourites and use personal statistics alerts. Data. 1986-2020 Data | 2021-2023 Forecast | Calendar. ", World Bank, Singapore: Unemployment rate from 1999 to 2020 Statista, https://www.statista.com/statistics/378643/unemployment-rate-in-singapore/ (last visited January 11, 2021), Singapore: Unemployment rate from 1999 to 2020, Life expectancy at birth in Singapore 2018, Life expectancy at birth in Singapore 2018, by gender, Median age of the population in Singapore 2015, Gross domestic product (GDP) in Singapore 2021*, Gross domestic product (GDP) per capita in Singapore 2025*, Gross domestic product (GDP) growth rate in Singapore 2025*, Singapore: Share in global GDP adjusted for PPP 2025*, Distribution of gross domestic product (GDP) across economic sectors Singapore 2019, Employment by economic sector in Singapore 2020, National debt of Singapore in relation to gross domestic product (GDP) 2025*, Ratio of military expenditure to gross domestic product (GDP) in Singapore 2019, Ratio of government expenditure to gross domestic product (GDP) in Singapore 2025*, Singapore's budget balance in relation to GDP 2025, Total population of the ASEAN countries from 2008 to 2018, Life expectancy at birth in the ASEAN countries 2018, Gross domestic product of the ASEAN countries from 2010 to 2020, Gross domestic product (GDP) per capita in the ASEAN countries 2018, Inflation rate in the ASEAN countries 2020, Import growth in the ASEAN region 2015 by country, Export growth in the ASEAN region 2015 by country, Internet penetration Asia 2020 by country or region, Internet penetration in Southeast Asia 2020, by country, Number of internet users APAC 2020 by country or region, Countries with the fastest average internet connection speed 2017, Singapore: number of social network users 2017-2025, Social network penetration in Singapore Q3 2019, New cases of COVID-19 worldwide from January 23, 2020 to January 7, 2021, by day, South Carolina - Unemployment rate 1992-2019, Direct export value of paints from Taiwan 2009-2019, Communication and broadcasting equipment production value across India 2006-2015, Major reasons Chinese residents of 60 years and older try to look good 2016, Value of secondary nickel cadmium battery imports to Japan 2013-2019, Industry revenue of “Electric wire and cable, except optical fiber cable“ in Japan 2012-2024. 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