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Amid an uncertain outlook and spate of layoffs, fresh graduates are finding it tough in the job market
https://www.channelnewsasia.com/today/bi...112024_cna
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It is time to curb the unchecked influx of foreign white collar workers. S'pore, despite its global ambitions, remains a small country. Unregulated Employment Pass approvals are squeezing out local talent, particularly in sectors like business and finance. We need stricter policies to prioritise S'poreans and ensure that foreign workers are brought in only when there's a genuine skills shortage. For the past decade, the SG govt has flung our doors open to foreigners with average skills and even fake qualifications.
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(10-11-2024, 07:30 AM)Bigiron Wrote: Amid an uncertain outlook and spate of layoffs, fresh graduates are finding it tough in the job market
While our overrated and overpaid Govt's intentions may be well-meaning, the data suggests an entirely different outcome. Our leaders must acknowledge the impact of immigration policies on the local job market. The inclusion of PR holders in national statistics skews the perception of economic progress. A more transparent and targeted approach is necessary to accurately reflect the socio-economic realities of S'pore. Our true blue citizens are being discriminated against by our own leaders.
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S'poreans are not as daft as our politicians make us out to be. We support the recruitment of highly skilled foreign workers who can enhance S'pore's competitiveness. However, it's essential to distinguish between genuine talent and individuals who primarily seek employment opportunities here. The misuse of Free Trade Agreements like CECA to facilitate migration undermines the purpose of such contracts. The PAP must not be sleepwalking through policies; our govt needs to implement stricter regulations to ensure that only those foreigners who truly benefit our nation are granted work permits.
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Implementing mandatory CPF contributions for foreign workers would foster a more equitable labour market. This would ensure that foreign employees receive fair compensation and social security benefits, similar to local workers. While this may require adjustments for smaller businesses, govt support could facilitate a smooth transition. In the long run, this policy change would strengthen S'pore's labour market and enhance social security.