Cautious hiring expected in 2026, with employers leaning towards contract jobs, analysts say
According to recruitment specialists, companies are preparing for an uncertain economic environment and are reluctant to commit to long-term employment. Instead, they are likely to offer fixed-term contracts, project-based roles and part-time positions that provide staffing flexibility and cost control.
“This trend reflects broader economic headwinds and caution among employers as they balance talent needs with business performance pressures,” said a labour market analyst. Sectors such as technology, finance and professional services are anticipated to continue recruiting, but with an emphasis on contractual and specialised skill sets rather than permanent roles.
The Ministry of Manpower’s latest data indicate that while overall employment remains stable, growth in full-time job openings has softened compared with previous years. Contract roles, on the other hand, have become more visible across job postings, signalling a shift in employer preferences.
For jobseekers, experts recommend focusing on building specialised skills and being open to short-term or freelance opportunities, as these are expected to form a significant portion of employment in the coming year. Continuous learning and adaptability are seen as key advantages in an evolving employment landscape.