Additionally, the report found that the population’s annualized growth rate for the upcoming five years ( 2019 to 2024 ) was slightly higher than the same period of five years ( 2014 to 2019 ).
This was mostly due to post-COVID growth in the number of work permit holders in the construction, marine shipyard and process ( CMP ) sectors as companies set about catching up on projects that were delayed by the COVID-19 pandemic, the report said.  ,
NPTD said Singapore people continue to fill higher-paying jobs, with native job growing in industries such as financial and insurance solutions, information and communications, and specialized services.
SINGAPORE’S Full POPULATION LIKELY TO BE “SIGNIFICANTLY” Following 6.9 Mil BY 2030: NTPD
In line with a figure that had been stated in a Population White Paper released in 2013, the statement stated that Singapore’s population is likely to be” significantly” below 6.9 million by 2030.  ,
By 2030, the country’s entire population had range between 6.5 million and 6.9 million, according to NPTD’s white paper. The authorities responded to the protest, saying that it was only used for planning purposes rather than a projection or goal.
Minister in the Prime Minister’s Office Indranee Rajah said at the Committee of Supply conversation last year that the government should take into account the size and composition of the country’s population when planning for the future.
This, she said, is dependent on several factors including , different demographic trends, such as delivery rates, life expectancies, and movement, as well as potential social and economic needs.
As such, the state does not plan on a single community planning factor, she said.  ,
Alternatively, different scenarios are developed to stress-test beliefs and help for a range of possible effects.
According to NPTD, the plotting feature of 6.9 million is still applicable for the 2030s based on these different settings.
The Ministry of Manpower’s ( MOM)  , latest quarterly labour market report, which was published on Sep 17, showed that Singapore’s resident labour force participation rate stood at 68.6 per cent for those aged 15 and over.
This is higher than all but four member countries of the Organisation for Economic Co-operation and Development ( OECD ): Iceland, New Zealand, Netherlands and Switzerland.
In addition, according to MOM’s report, unemployment rates among residents and citizens increased in June ( 2.8 % overall, 2.7 % for residents, and 2.8 % for citizens ). The native long-term poverty rate stayed low at 0.8 per share.