FINAL REPORT Final Report - NER 2018 6Mar2018 (For Publication) | Page 95

National Employment Returns (NER) 2018
Future Positions to be Created
One observation that emerged was the expected positive labour demand outlook between 2018-2019.
Hiring activity will gradually pick up with one third of the establishments (33%) planning to increase
their headcounts for the next 4 years. Labour demand refers to the total number of jobs in the market,
which includes the occupied jobs and vacancies available in the market.
According to Figure 4.14, the future positions to be created for 2018 and 2019 sums up to a total of
812,069 new positions, which translates to about 8% of new labour requirements to the overall job
market. The Manufacturing sector is expected to create the highest number of new jobs in 2018 and
2019.
In terms of job growth, Agriculture, Forestry & Fishing sector would have a higher job growth rate
from 2017 to 2018, whereas Accommodation & Food Service sector would have a higher job growth
rate from 2018 to 2019, at 7% respectively.
Figure 4.14 Number of New Jobs to be created by 2018-2019 by MSIC
Based on the results shown in Figure 4.15, the job growth rate for Service & Sales Workers and Skilled
Agricultural, Forestry, Livestock & Fishery Workers categories is the highest at 7% respectively for
2017-2018. The hiring spree is also extended to year 2018-2019 for the Skilled Agricultural, Forestry,
Livestock & Fishery Workers category whereby the estimated job growth rate is at 8%. Labour demand
for semi-skilled and low-skilled job categories is expected to be high (>70%) in the coming years (2018
and 2019).
91