According to latest data form YouGov’s Singapore consumer sentiment tracker, Singaporeans are more likely to believe the country offers better career growth opportunities than abroad. Around 44% feel Singapore provides stronger prospects, compared to 18% who see better opportunities overseas. Gen Z are the most optimistic, with 56% believing local career prospects are stronger, while almost a quarter of millennials (24%) see better growth abroad.

The Singapore consumer sentiment monthly tracker tracks how Singaporeans feel about the economy as well as their personal financial outlook, concerns, and consumer spending.

Only four in ten Singaporeans (40%) feel secure in their current jobs, highlighting a concerning lack of job security among the majority of the workforce, even as younger generations express higher confidence. Half of Gen Z (50%) and nearly half of millennials (47%) say they feel secure in their current roles. In contrast, almost a quarter of all respondents (24%) say they feel insecure, with Gen X expressing the highest level of insecurity at 30%.

Among those who feel secure, the stability of their sector is the leading reason (40%), followed by their company’s strong financial performance (31%). Other key factors include the relevance and irreplaceability of their role (26%), and confidence in their skills or in finding another job (25% each).

For respondents feeling insecure, economic uncertainty is the biggest concern (47%), followed by job competition (37%), layoffs or reduced hiring (36%), and industry slowdown (33%).

To safeguard their careers, 29% of respondents are actively upskilling within their current industry, while an equal proportion (29%) are exploring opportunities outside their company. Millennials lead the way in seeking new roles, with 36% actively looking. In contrast, 28% of all respondents have either not taken any action or are still considering their next steps- a notably more passive approach seen among older generations, including 34% of Gen X and 47% of Baby Boomers.

Economic outlook has remained largely unchanged since YouGov’s previous wave in July 2025. A quarter of Singaporeans (25%) expect a recession in the next six months, while 19% anticipate growth and 31% foresee stability. Younger generations are more optimistic, with 28% of Gen Z and 27% of millennials expecting positive growth, compared to 29% of Gen X predicting a recession and 39% of baby boomers expecting stability.

Expectations around the cost of living have also held steady. Nearly half of Singaporeans (46%) believe the cost of living will definitely rise in the next six months, while another 42% say an increase is likely.

Methodology: YouGov Surveys: Serviced provides quick survey results from nationally representative or targeted audiences in multiple markets. The job security findings are based on responses from 746 Singaporean adults aged 18 and above, collected in September 2025. Consumer sentiment findings are based on cumulative data from multiple online survey waves conducted between May and September 2025. YouGov will continue tracking public sentiment around the macroeconomic trends in the months ahead. Learn more about Singapore consumer sentiment tracker.