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Back to Economic Calendar

Unemployment Rate

SG

Key Values

Actual
2
Forecast
2.10
Previous
2

About This Indicator

Description

The Unemployment Rate represents the percentage of the total labor force that is unemployed and actively seeking employment during the previous month. It is one of the most closely watched economic indicators as it reflects the health of the labor market and overall economic vitality. A declining rate suggests economic expansion and potential upward pressure on wages.

Methodology

The rate is derived from the Household Survey (Current Population Survey) conducted by the Bureau of Labor Statistics, covering approximately 60,000 households.

Source: Singapore Department of Statistics

Full History

Historical Data
View data as table
DateActualForecastSurprise
Sep 17, 20262.002.10-0.10
Jul 31, 20262.002.10-0.10
Jun 15, 20262.002.10-0.10
Apr 30, 20262.102.00+0.10
Sep 17, 20252.002.10-0.10
Jul 30, 20252.102.00+0.10
Jun 27, 20252.002.10-0.10
Apr 28, 20252.102.00+0.10
Sep 17, 20242.002.000.00
Jul 31, 20242.002.20-0.20
Jun 20, 20242.102.100.00
Apr 30, 20242.102.20-0.10
Sep 14, 20231.901.900.00
Jul 27, 20231.901.900.00
Jun 15, 20231.801.800.00
Apr 28, 20231.802.20-0.40
Sep 14, 20222.102.100.00
Jul 29, 20222.102.20-0.10
Jun 17, 20222.202.200.00
Apr 28, 20222.202.40-0.20
Sep 15, 20212.702.700.00

Statistics

Mean
2.02
Std Deviation
0.11
Trend
Flat
Forecast Accuracy
87.2%
Data Points
111
YoY
0.00

Upcoming Releases

Sep 17
02:30
Unemployment Rate
In 15 days
F: 2.10P: 2