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Recent data from Indeed, the leading global matching and hiring platform, show that job opportunities utilising generative artificial intelligence (AI) are increasing. By the end of March, 1 in every 190 Singapore job postings is related to generative AI. The posting share has almost doubled over the past three months.

“Singapore also appears to have embraced these technologies faster than its global peers. The share of Singapore job postings mentioning GenAI is 4.3 times higher than the United States, 4.7 times higher than the United Kingdom, and 6.5 times higher than Australia. It is early stages but Singapore may be establishing itself as a hub for GenAI expertise,” said Callam Pickering, APAC Senior Economist at Indeed.

“Even with recent declines in posting volumes, Singapore job creation remains strong, which has supported Singapore employment and helped keep the unemployment rate low,” said Pickering.

Indeed Finds That Postings Remain Healthy for Every Sector,

Job postings in around a third of occupational categories increased over the past three months, led by strong gains in nursing (+34%), medical information (+33%), and beauty and wellness (+32%). Other strong performers included cleaning and sanitation (=25%) and architecture (+21%).

By comparison, postings declined considerably in areas such as personal care and home health (–30%), production and manufacturing (–19%), human resources (–19%), and marketing (–17%). Perhaps surprisingly given the increased demand for nurses, Indeed observed a 17% decline in job postings for physicians and surgeons.

Pickering said: “Singapore’s labour market remains incredibly tight, with strong competition for talent across most occupational categories. In April, we saw a modest rise in job postings, which has defied the broader downward trend over the past year. Nevertheless, job posting volumes are elevated across every sector, providing ample opportunity for jobseekers from every background and experience level.”

He added: “Overall, unemployment in Singapore remains low and skill shortages are common. Recruitment is still very challenging but owing to a 9.6% decline in job postings over the past year we can conclude that it isn’t as difficult as it was a year ago.”

Indeed’s Methodology

All posting figures in this blog post are derived from seasonally adjusted job postings in Indeed. The firm seasonally adjusts each series based on historical patterns in 2017, 2018, and 2019. Each series, including the national trend, occupational sectors, and subnational geographics is seasonally adjusted separately.

The analysis of Generative AI involved extracting job postings directly related to Generative AI, using specific keywords indicating its presence, such as “Generative AI,” “Large Language Models,” and “ChatGPT.” Then, Indeed tracked how that changed over time.

The number of job postings on Indeed.com, whether related to paid or unpaid job solicitations, is not indicative of potential revenue or earnings of Indeed, which comprises a significant percentage of the HR Technology segment of its parent company, Recruit Holdings Co., Ltd. Job posting numbers are provided for information purposes only and should not be viewed as an indicator of performance of Indeed or Recruit.

Please refer to the Recruit Holdings investor relations website and regulatory filings in Japan for more detailed information on revenue generation by Recruit’s HR Technology segment.

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