Response to CFE Report- JobTech (TM) Reveals Top Skills That Singapore Employers Are Seeking

Singapore, 10 February 2017 – According to the Report Of The Committee On The Future Economy (CFE Report) released on 9 February 2017, the key to greater employability is in acquiring and effectively utilizing skills on the job. JobTechTM has identified the most sought-after skills by employers in Singapore.

The top 5 domain-specific technical and soft skills were identified and ranked based on the number of unique[1] job postings that employers were seeking during the period from 1 October 2016 to 31 December 2016, 4Q 2016.

 

TOP SKILLS DEMANDED BY SINGAPORE EMPLOYERS Top Skills Demanded by Singapore Employers 4Q2016

The skills data, as shown above, indicate that technical skills such as Microsoft Office and Network Domain Directory; soft skills/ traits such as Communication/ Interpersonal and Self-motivated/ Proactive skills/ traits are widely demanded and seen by employers as ‘hygiene factors’ for employment.

The CFE Report also mentioned that “information gaps can result in missed matches between employers and employees.” In this regard, JobTechTM strives to address the issue of “missed match” by providing jobseekers with an aggregated and accurate view of the available jobs in the market with its Big Data Analytics and Artificial Intelligence capabilities. JobTechTM tracks and analyses more than 90% of the jobs in Singapore.

The free beta version of JobTechTM PMET is available at www.jobtech.sg

 For further information, please contact:
Ms. Charlotte Lim
JobTechTM Co-founder
Tel: +65 6908-7642
Email: charlotte@jobtech.sg

About JobTechTM               
JobTechTM is an Artificial Intelligence, Deep Machine Learning technology platform that was developed to provide complete and accurate visibility of any online jobs market around the world. The platform is built on technology that was developed by the Institute for Infocomm Research (I2R) from the Agency for Science, Technology and Research (A*STAR). The first prototype, JobTechTM PMET, has been designed to help retrenched PMETs (professionals, managers, executives and technicians) in Singapore search and prepare for new job opportunities. The platform offers insights into industry trends and skill-set requirements, and suggests SkillsFuture courses to help bridge skills gaps.

JobTechTM is a 3-month old start-up incubated by Economic Development Innovations Singapore (EDIS) Pte Ltd, a privately-owned international economic development company that is headquartered in Singapore, with overseas offices in the US and Germany. EDIS provides strategic advice and undertakes the development and management of integrated industrial parks. The EDIS management team comprises veterans who led more than 15 successful township and industrial park developments in Asia – cumulatively creating 1 million high value jobs and attracting more than US$20 billion of dollars of foreign direct investment to the selected locations. EDIS works with governments and global investors to leverage Singapore’s development experience for the benefit of other countries.

[1] Duplicate job posts are detected and sifted out by JobTechTM’s proprietary natural language and text analytics technology which analyses the text in online job postings across multiple portals with over 95% accuracy.