22-02-2024, 12:08 PM
(22-02-2024, 10:30 AM)EvertonDiehard Wrote: In S'pore, if one is still unemployed 6 months after being laid off, he is considered retired or no longer interested in re-joining the workforce. We know that a PME older than 45 years of age may take up to 2 or more years to land another job that is comparable to the one he lost, so 6 months is far too short a time period to label someone as no longer interested in looking for a job, and remove him from the list of unemployed.
In Singapore, a person is counted as unemployed if he or she is
(i) not working during the survey reference week, but is
(ii) actively looking for a job in the last 4 weeks, and
(iii) available for work in the next 2 weeks.
This includes persons who are not working but are taking steps to start their own business or
taking up a new job after the reference week.
@https://stats.mom.gov.sg/iMAS_PdfLibrary/mrsd_qtlmr173_Technical_Note.pdf
(Remove the '@' from the above link to get MOM's document)
There is only this 4-week rule about 'actively looking for a job'. Nothing about 6 months. Any link to this 6-month rule you mentioned?