JobTech Online Jobs Scan Examines The Skills Required By The Hottest Roles In Each Sector

Ministry of Manpower Jobs In Demand

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SINGAPORE
- Media OutReach - 10 January 2019 - The
Ministry of Manpower (MOM) has identified the jobs most demanded by companies
in 11 major industries[1]. To provide a glimpse into
the specific requirements of these roles, JobTech has extracted the most common
skills among these roles from actual job posts in these sectors as well as the
number of relevant courses.

 

According to advance
estimates released by the Ministry of Trade and Industry on Jan 2,
Manufacturing led growth in the fourth-quarter of 2018, expanding 5.5% on a
year-on-year basis. Correspondingly, from MOM’s job vacancy statistics, the
Manufacturing sector’s job vacancy rate has been on a slight upward trajectory
across 2018 with a higher vacancy rate among the Electronic, Computer &
Optical Products subsector. Among the top 3 roles identified by MOM in the manufacturing
sector, Maintenance Management, Troubleshooting and Regulatory Compliance are
among the most common skills demanded by companies, according to JobTech’s scan
of these online jobs. When it comes to training and preparing the workforce in
these areas, Maintenance Management, Troubleshooting and Regulatory Compliance
has a reasonably sizeable number of courses list online with 760, 280 and 710
respectively. As for other commonly demanded skills such as Preventive
Maintenance and Computer Numerical Control (CNC), online courses listed for
them are relatively scarcer.

 

3Q2018 Top 5 skills of hottest roles in the Manufacturing
sector

(The
tables show the % of jobs requiring the skill and the number of courses in
Singapore teaching it)

 

 

 

 

Job vacancy rates from
MOM shows that the Information & Communications (ICT) sector has been
consistently experiencing one of the highest vacancy rates. High vacancy rates
in the ICT sector has been a longstanding issue that policy makers have been
grappling with. Statistics from MOM shows that since 2014, vacancy rates in the
sector has been consistently above 3.5% and it has since widened to more than
4.5% in the first three quarters of 2018.

 

3Q2018 Top 5 skills of hottest roles in the Information
& Communications sector

(The tables show the %
of jobs requiring the skill and the number of courses in Singapore teaching it)

 

 

 

 

Part of this problem is
a skills gap between workers and job requirements, and training programs are
essential to reduce this. Below are some of the training providers who provides
courses teaching skills shown in the table above ranked by the number of relevant
courses offered:

 

Top training providers offerings courses for these skills
in 2018 in terms of counts

 

To prepare workers for
work in the ICT sector, training in different programming languages and tools
has to be conducted in conjunction to better prepare workers in the sector. For
instance, close to 20% of Software, Web & Multimedia Developer jobs look out
for skills in HTML, CSS, JavaScript and its related libraries within the same
job post and thus, it would be beneficial for them to be learned together for
effective web programming. In this case, a granular view of the specific
co-occurring skills among ICT roles would give greater insights into the
training requirements of the ICT sector. The same applies for courses as they
should be analysed and adjusted accordingly to the combination of skills
required.

 

JobTech Data API

In order to provide real-time
access to Online Jobs Census data, JobTech has developed 2 data APIs
(Application Programming Interface) for its strategic government and industry partners
to acquire up-to-date and structured jobs market data automatically. The 2 APIs
will allow users to obtain sectoral data for both the de-duplicated job counts
as well as the top skills demanded in real time, from the JobTech database
which has more than 50 million data points.

 

JobTechwill
continue to provide flash reports covering different sectors in Singapore, with
a focus on highly sought-after skills and labor market trends. In this regard,
JobTech is using its Big Data Analytics and Artificial Intelligence
capabilities to provide visibility and analysis of the online jobs market in
Singapore to support companies and decision makers there.

 

For more information on
the full version of JobTech Analytics Reports (Quarterly Sector Reports) and
Real Time Analytics, please visit http://analytics.jobtech.co/

 

About JobTech^TM        

JobTech
is driven by a desire to change the labour market for the better. We have made
it our mission to find the right match between people and jobs more
efficiently, and continually build products and solutions that enhance human
resource productivity. 

 

We
are Singapore’s leading Artificial Intelligence and Big Data Analytics start-up
that provides optimised job matching tools and real-time labour market
intelligence. Our core technology is the result of 10 years of research and
development by top machine learning experts and data scientists. This drives
our ability to analyse more than 1 million job postings every day, providing
complete and accurate visibility of online jobs markets around the world.

 

We serve a multitude of customers. For employers, we provide candidates
that have been vetted for quality and interest. For job seekers, we provide a
platform where they can find jobs across thousands of sources. For businesses,
financial institutions, the government, recruiters and consultancy firms, we
provide information on hiring trends that they use to inform policies and guide
business decisions.