'Singapore may be establishing itself as a hub for gen AI expertise'
Organisations across Singapore are embracing generative AI faster than other markets across the world, according to new job posting data from Indeed.
As of the end of March, one in every 190 job postings in Singapore were related to generative AI, with posting share nearly doubling over the past three months.
Callam Pickering, APAC senior economist at Indeed, said Singapore is even embracing generative AI faster than its global peers.
"The share of Singapore job postings mentioning Gen AI is 4.3 times higher than the United States, 4.7 times higher than the United Kingdom, and 6.5 times higher than Australia," Picking said in a statement.
"It is early stages, but Singapore may be establishing itself as a hub for gen AI expertise."
Job postings in Singapore
Overall, job postings in Singapore showed a monthly increase of 0.4% in April, but are 9.6% lower than a year ago, according to Indeed.
"In April, we saw a modest rise in job postings, which has defied the broader downward trend over the past year," Pickering said. "Nevertheless, job posting volumes are elevated across every sector, providing ample opportunity for jobseekers from every background and experience level."
Nursing and medical information jobs saw a 33% increase in job ads over the past three months, leading other occupational categories in Singapore in terms of job postings.
Beauty and wellness occupations also posted a 31.9% increase, followed by cleaning and sanitation jobs with a 24.6% rise, according to Indeed.
The worst performing occupational sector was personal care and home health jobs, which recorded a -29.6% decline over the past three months.
The human resources sector also saw a decline in job postings over the past three months, registering a -18.7% decline.
"Singapore's labour market remains incredibly tight, with strong competition for talent across most occupational categories," Pickering said.
"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."
