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SINGAPORE, Jan. 7, 2026 /PRNewswire/ -- Despite Singapore's low unemployment rate of around 2.1 percent, a new study by Reeracoen and Rakuten Insight shows that employers remain cautious when evaluating mid-career candidates, applicants with career gaps, and those who have been unemployed for more than three months.
The Singapore Hiring Manager Survey Report 2025–2026 draws on responses from 375 hiring managers across multiple industries, including both final decision-makers and HR professionals involved in candidate evaluations. Their insights provide a clear view of how companies are coping with talent shortages, changing skill demands, and the challenges of helping jobseekers return to the workforce as digital transformation accelerates.
Kenji Naito, Group Chief Executive Officer, Reeracoen Group, said, "Across Asia, hiring is shifting toward a skills-based, human-centric approach. This study highlights the need for companies to evaluate potential not only by job history, but also by motivation, effort and adaptability. At Reeracoen, we are committed to bridging the trust gap between employers and jobseekers."
Hiring confidence remains low, with only 23.2 percent of hiring managers saying they feel very confident about finding qualified local talent. The majority cite high salary expectations (80.3 percent) as the top challenge, followed by skills mismatch (65.1 percent). Another 56.3 percent say there is a lack of experienced candidates, while 40.5 percent report limited interest from jobseekers.
Career gaps remain a hurdle, with 63 percent of employers hesitant about candidates who have been unemployed for more than three months. Upskilling carries significant weight in hiring decisions. A total of 76.6 percent of respondents say that recent training, certifications or skills development are essential when assessing applicants. Employers continue to place high value on digital and AI skills, followed by project management, data literacy, technical certifications and communication abilities.
Recruitment agencies continue to play a significant role in the hiring process. More than 76 percent of employers rely on agencies to shortlist candidates, which helps reduce mismatches and hiring delays, particularly for roles that are harder to fill.
"Singapore's hiring landscape is changing quickly, and the data shows that employers are becoming more selective in how they assess readiness and skills. Mid-career candidates and those returning to the workforce are evaluated not just by experience, but also by their recent learning efforts and job readiness. These insights provide important direction for organisations looking to strengthen their hiring strategies and adapt to shifting workforce expectations," said Cheryl Ng, Country Director, Singapore, Rakuten Insight.
Singapore's rapid digital transformation continues to widen the gap between employer expectations and jobseeker readiness. Employers increasingly value preparation, skills evidence and proactiveness. Jobseekers who lack recent activity or training often struggle to demonstrate immediate value, highlighting opportunities for companies, agencies and policymakers to support fairer hiring evaluations and re-entry pathways.
"In Singapore's fast-moving job market, hiring managers are under pressure to make decisions quickly. Yet many still hesitate when faced with career gaps or non-traditional profiles. This report shows that readiness signals, such as upskilling, re-entry motivation and transparency, can make a meaningful difference. Recruitment agencies play an important role in surfacing these overlooked talents," said Shoichi Sunaga, Branch Manager, Reeracoen Singapore.
Download the Singapore Hiring Manager Survey Report 2025–2026 at:
https://www.reeracoen.sg/en/events/Employer-Singapore-Hiring-Manager-Survey-Report-2025-2026?utm_source=press_release&utm_medium=article&utm_id=hiring_manager_survey_report
To learn more about Reeracoen's recruitment services, visit https://www.reeracoen.sg or connect on LinkedIn at https://www.linkedin.com/company/reeracoen-singapore.
About Reeracoen Singapore Pte Ltd
Reeracoen is an award-winning leader in Asia's recruitment landscape, connecting top-tier talent with forward-thinking organisations across the region. With 9 offices across 6 major Asian countries, we combine deep local networks with cross-border hiring expertise to help businesses grow faster and stronger.
Our excellence has been recognised with recent awards such as:
- Best Recruitment & Talent Acquisition Agency 2025
- Best International Recruitment & Talent Acquisition Agency 2024
- Best Executive Recruitment Agency 2024
In Singapore, we uphold the highest standards of professionalism and service quality, providing innovative and trusted recruitment solutions to help businesses and candidates succeed in an evolving digital economy. For more information, visit www.reeracoen.sg and follow us on social media.
About Rakuten Insight, Inc.
Rakuten Insight, Inc. is a wholly-owned online market research subsidiary of Rakuten Group, Inc., a global leader in internet services headquartered in Tokyo. Established in 1997 as AIP Corporation and integrated into the Rakuten Group in 2014, Rakuten Insight operates a research panel focused on 12 major Asian markets and the United States, with a panel network spanning 60 countries and regions. With offices in 11 countries and regions, the company provides market research for more than 500 leading companies worldwide. Rakuten Insight Singapore serves as a regional hub providing multi-lingual and multi-functional operational support for clients across Southeast Asia. For more information, visit https://insight.rakuten.com.
SINGAPORE, Jan. 7, 2026 /PRNewswire/ -- Despite Singapore's low unemployment rate of around 2.1 percent, a new study by Reeracoen and Rakuten Insight shows that employers remain cautious when evaluating mid-career candidates, applicants with career gaps, and those who have been unemployed for more than three months.
The Singapore Hiring Manager Survey Report 2025–2026 draws on responses from 375 hiring managers across multiple industries, including both final decision-makers and HR professionals involved in candidate evaluations. Their insights provide a clear view of how companies are coping with talent shortages, changing skill demands, and the challenges of helping jobseekers return to the workforce as digital transformation accelerates.
Kenji Naito, Group Chief Executive Officer, Reeracoen Group, said, "Across Asia, hiring is shifting toward a skills-based, human-centric approach. This study highlights the need for companies to evaluate potential not only by job history, but also by motivation, effort and adaptability. At Reeracoen, we are committed to bridging the trust gap between employers and jobseekers."
Hiring confidence remains low, with only 23.2 percent of hiring managers saying they feel very confident about finding qualified local talent. The majority cite high salary expectations (80.3 percent) as the top challenge, followed by skills mismatch (65.1 percent). Another 56.3 percent say there is a lack of experienced candidates, while 40.5 percent report limited interest from jobseekers.
Career gaps remain a hurdle, with 63 percent of employers hesitant about candidates who have been unemployed for more than three months. Upskilling carries significant weight in hiring decisions. A total of 76.6 percent of respondents say that recent training, certifications or skills development are essential when assessing applicants. Employers continue to place high value on digital and AI skills, followed by project management, data literacy, technical certifications and communication abilities.
Recruitment agencies continue to play a significant role in the hiring process. More than 76 percent of employers rely on agencies to shortlist candidates, which helps reduce mismatches and hiring delays, particularly for roles that are harder to fill.
"Singapore's hiring landscape is changing quickly, and the data shows that employers are becoming more selective in how they assess readiness and skills. Mid-career candidates and those returning to the workforce are evaluated not just by experience, but also by their recent learning efforts and job readiness. These insights provide important direction for organisations looking to strengthen their hiring strategies and adapt to shifting workforce expectations," said Cheryl Ng, Country Director, Singapore, Rakuten Insight.
Singapore's rapid digital transformation continues to widen the gap between employer expectations and jobseeker readiness. Employers increasingly value preparation, skills evidence and proactiveness. Jobseekers who lack recent activity or training often struggle to demonstrate immediate value, highlighting opportunities for companies, agencies and policymakers to support fairer hiring evaluations and re-entry pathways.
"In Singapore's fast-moving job market, hiring managers are under pressure to make decisions quickly. Yet many still hesitate when faced with career gaps or non-traditional profiles. This report shows that readiness signals, such as upskilling, re-entry motivation and transparency, can make a meaningful difference. Recruitment agencies play an important role in surfacing these overlooked talents," said Shoichi Sunaga, Branch Manager, Reeracoen Singapore.
Download the Singapore Hiring Manager Survey Report 2025–2026 at:
https://www.reeracoen.sg/en/events/Employer-Singapore-Hiring-Manager-Survey-Report-2025-2026?utm_source=press_release&utm_medium=article&utm_id=hiring_manager_survey_report
To learn more about Reeracoen's recruitment services, visit https://www.reeracoen.sg or connect on LinkedIn at https://www.linkedin.com/company/reeracoen-singapore.
About Reeracoen Singapore Pte Ltd
Reeracoen is an award-winning leader in Asia's recruitment landscape, connecting top-tier talent with forward-thinking organisations across the region. With 9 offices across 6 major Asian countries, we combine deep local networks with cross-border hiring expertise to help businesses grow faster and stronger.
Our excellence has been recognised with recent awards such as:
- Best Recruitment & Talent Acquisition Agency 2025
- Best International Recruitment & Talent Acquisition Agency 2024
- Best Executive Recruitment Agency 2024
In Singapore, we uphold the highest standards of professionalism and service quality, providing innovative and trusted recruitment solutions to help businesses and candidates succeed in an evolving digital economy. For more information, visit www.reeracoen.sg and follow us on social media.
About Rakuten Insight, Inc.
Rakuten Insight, Inc. is a wholly-owned online market research subsidiary of Rakuten Group, Inc., a global leader in internet services headquartered in Tokyo. Established in 1997 as AIP Corporation and integrated into the Rakuten Group in 2014, Rakuten Insight operates a research panel focused on 12 major Asian markets and the United States, with a panel network spanning 60 countries and regions. With offices in 11 countries and regions, the company provides market research for more than 500 leading companies worldwide. Rakuten Insight Singapore serves as a regional hub providing multi-lingual and multi-functional operational support for clients across Southeast Asia. For more information, visit https://insight.rakuten.com.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Singapore Employers Remain Cautious About Career Gaps as Hiring Confidence Falls and Demand for Skills Evidence Rises
Singapore Employers Remain Cautious About Career Gaps as Hiring Confidence Falls and Demand for Skills Evidence Rises
SEOUL, South Korea, April 3, 2026 /PRNewswire/ -- Kwang Mo Koo, Chairman and CEO of LG Corp., recently visited the United States to review the Group's future growth strategies, focusing on energy infrastructure as a backbone of the AI era.
The visit reflects Chairman Koo's commitment to securing a proactive lead in the Energy Storage System (ESS) market, which has emerged as a critical infrastructure component due to the rapid growth of AI industries. During his tour, Koo called for the pre-emptive acquisition of market leadership in energy infrastructure to keep pace with the surge of AI data centers and physical AI.
On March 30, Chairman Koo visited LG Energy Solution Vertech, a subsidiary specializing in ESS System Integration located in Westborough, Massachusetts.
"We must establish a resilient business foundation that remains unshaken by any external environment," Koo stated during the visit. "Beyond simply supplying ESS battery hardware, we must enhance our integrated solution capabilities to provide high value-add to our customers, securing an overwhelming position to lead the market."
His remarks underscore that as demand for batteries skyrockets—driven by AI data centers and physical AI—the ability to combine hardware with software-driven integrated solutions will become a core competitive advantage.
LG aims to achieve qualitative growth in the battery business by pairing its world-class manufacturing competitiveness with software-based operation and management expertise, specifically targeting the energy infrastructure market of the AI era.
The ESS market is experiencing explosive growth due to the expansion of AI data centers, industrial electrification, and the transition to renewable energy. In high-performance computing environments like AI data centers, ESS has evolved beyond simple storage to become a vital infrastructure for power load optimization and supply stability.
According to energy market research firms, the global ESS market is projected to grow nearly 2.5 times, from approximately 300GWh last year to 750GWh by 2030.
LG is responding proactively to these market shifts. LG Energy Solution has introduced Lithium Iron Phosphate (LFP) batteries at the opportune time, aligning with their emergence as the global mainstream for ESS. Furthermore, the company is converting five of its North American production bases into ESS-dedicated lines to meet surging local demand. Currently, LG Energy Solution is the only company producing and supplying ESS batteries in North America.
The synergy with Vertech is also being strengthened. Vertech possesses comprehensive SI capabilities, including ESS design, installation, maintenance, and software-based operational management. This allows LG to provide a "one-stop shop" for customers, covering everything from battery supply to installation and long-term technical support.
About LG
LG is a technology innovator and global leader in consumer electronics, advanced materials, and automotive components. Founded in 1947, LG was a driving force behind South Korea's modernization. The company produced South Korea's first radio and television sets and today is a global leader in organic light-emitting displays (OLED), electric car batteries, and advanced industrial plastics. The LG group of companies operates in more than 60 countries that together generate USD 140 billion in annual revenue. LG Corporation (LG Corp.) is the holding company for industry-leading LG subsidiaries, such as LG Electronics, LG Display, LG Energy Solution, LG Chem, to name a few. For more information about the LG group of companies, visit lgcorp.com.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
LG Chairman Kwang Mo Koo Visits U.S. ESS Hub 'Vertech,' Emphasizing Leadership in AI-Era Energy Infrastructure
LG Chairman Kwang Mo Koo Visits U.S. ESS Hub 'Vertech,' Emphasizing Leadership in AI-Era Energy Infrastructure
