GenAI job postings doubled in Singapore regardless of tight job market

A information article by Singapore Enterprise Overview reported at present (Might 28) that Generative Synthetic Intelligence (AI) jobs have doubled in Singapore.

The report got here after recruitment platform Certainly reported that one in each 190 job postings in Singapore includes generative AI, noting that the posting share has nearly doubled over the past three months.

In keeping with one other information report by HRWorld, the share of Singapore job postings mentioning GenAI is 4.3, 4.7, and 6.5 occasions greater than these in the US (US), the UK (UK), and Australia, respectively.

Talking on the findings, Callam Pickering, APAC Senior Economist at Certainly, famous that Singapore appeared to have embraced new applied sciences sooner than its international counterparts. “It’s [in its] early levels, however Singapore may be establishing itself as a hub for GenAI experience,” he stated in an article.

What about Singapore’s job market as an entire?

Together with these not associated to generative AI, job postings in Singapore on Certainly elevated by 0.4 per cent in April from March. Whereas Singapore job postings at the moment are 9.6 per cent decrease than a 12 months in the past, they’re nonetheless 62 per cent greater than their stage earlier than the pandemic.

Pickering acknowledged that Singapore’s labour market “stays extremely tight,” noting the extraordinary competitors for expertise throughout numerous industries. Regardless of that, he additionally shared that job posting volumes have elevated, expressing his optimism for jobs obtainable for job seekers throughout totally different backgrounds and expertise ranges.

General, unemployment in Singapore stays low and skill-shortages are widespread. Recruitment remains to be very difficult, however owing to a 9.6% decline in job postings over the previous 12 months we are able to conclude that it isn’t as tough because it was a 12 months in the past.

Callam Pickering, APAC Senior Economist at Certainly

Characteristic Picture Credit score: ASEAN Expertise and Safety Journal