The Economics Department (ED) in the Ministry of Manpower advances evidence-based and data-driven policymaking through robust labour research, analysis and analytics. ED undertakes economic surveillance and forecasting, ex-ante policy analyses, ex-post impact evaluations, applied economic research and advanced analytics to inform manpower policies that shape Singapore’s labour market, workplaces and retirement outcomes. Data Analysts work closely with economists, research analysts, policymakers and operational divisions to generate data-driven insights that support policy formulation, implementation and evaluation. ED’s work spans key areas such as labour market dynamics, productivity and human capital development, wages and inequality, labour security and retirement adequacy, and labour market policies and regulations.
ED is organised into three sub-units: