Trend for PMET Employment among Different Age Groups

Debated in Parliament on 7 Feb 2024.

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Hazel Poa asked about the decline in PMET employment for those under 30 and the rise for those aged 40-59 in 2022.
The decrease among youths is linked to more young tertiary-educated residents pursuing further education and entering the workforce later.
The increase for older workers was driven by a tight labour market as companies expanded during post-pandemic recovery.
PMET employment fell from 222,000 to 191,400 for under-30s and rose from 620,100 to 725,300 for 40-59-year-olds between 2021 and 2022.

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Hazel Poa

Ms Hazel Poa asked the Minister for Manpower what are the reasons for (i) the decrease in PMET employment for those aged below 30 in 2022 compared to previous years and (ii) the significant increase in PMET employment for those in their 40s to 50s.

Tan See Leng

Professionals, managers, executives and technicians (PMET) employment for those aged below 30 decreased from 222,000 in 2021 to 191,400 in 2022. This may be attributed to a higher share of young tertiary educated residents staying outside the labour force to pursue further education, leading to more youths entering the workforce at a later age.1

PMET employment for those aged 40-59 increased from 620,100 in 2021 to 725,300 in 2022. The increase may be due to the tight labour market in 2022 as companies increased their workforce sizes in line with the post-pandemic economic recovery.

Summary written by AI (learn more)

Hazel Poa asked about the decline in PMET employment for those under 30 and the rise for those aged 40-59 in 2022.
The decrease among youths is linked to more young tertiary-educated residents pursuing further education and entering the workforce later.
The increase for older workers was driven by a tight labour market as companies expanded during post-pandemic recovery.
PMET employment fell from 222,000 to 191,400 for under-30s and rose from 620,100 to 725,300 for 40-59-year-olds between 2021 and 2022.

Questions identified by AI (learn more)

Trend for PMET Employment among Different Age Groups | PAPERCUTS

Trend for PMET Employment among Different Age Groups

Debated in Parliament on 7 Feb 2024.

Summary written by AI (learn more)

Hazel Poa asked about the decline in PMET employment for those under 30 and the rise for those aged 40-59 in 2022.
The decrease among youths is linked to more young tertiary-educated residents pursuing further education and entering the workforce later.
The increase for older workers was driven by a tight labour market as companies expanded during post-pandemic recovery.
PMET employment fell from 222,000 to 191,400 for under-30s and rose from 620,100 to 725,300 for 40-59-year-olds between 2021 and 2022.

Questions identified by AI (learn more)

Full Transcript

Hazel Poa

Tan See Leng

Summary written by AI (learn more)

Hazel Poa asked about the decline in PMET employment for those under 30 and the rise for those aged 40-59 in 2022.
The decrease among youths is linked to more young tertiary-educated residents pursuing further education and entering the workforce later.
The increase for older workers was driven by a tight labour market as companies expanded during post-pandemic recovery.
PMET employment fell from 222,000 to 191,400 for under-30s and rose from 620,100 to 725,300 for 40-59-year-olds between 2021 and 2022.

Questions identified by AI (learn more)

Trend for PMET Employment among Different Age Groups

Summary

Questions Identified

Full Transcript

Hazel Poa

Tan See Leng

Summary

Questions Identified

Trend for PMET Employment among Different Age Groups

Summary

Questions Identified

Full Transcript

Hazel Poa

Tan See Leng

Summary

Questions Identified