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27-10-2023, 10:45 AM
https://www.channelnewsasia.com/singapor...es-3866576
More workers may be displaced from jobs in a volatile economy despite the government's efforts, the Forward SG report noted.
Such workers often face a dilemma between accepting a job offer immediately and holding out for something that better suits their skills. Some may rush into jobs to pay the bills and find themselves in "ill-fitting" jobs in the long run.
To address these issues, the government will introduce a new scheme designed to support re-employment.
The scheme should "encourage workers to do their part and take personal responsibility for their careers", so they can work towards their goals and find jobs that fit their skills and experience.
The report outlined three possible features of the scheme:
Financial support that is conditional upon workers doing their part to actively search for jobs every month
Targeted assistance for such workers in the lower- and middle-income groups, who are more likely to face financial pressures
Appropriately sized benefits, complemented by existing social assistance schemes for more vulnerable households and training allowance from SkillsFuture
More workers may be displaced from jobs in a volatile economy despite the government's efforts, the Forward SG report noted.
Such workers often face a dilemma between accepting a job offer immediately and holding out for something that better suits their skills. Some may rush into jobs to pay the bills and find themselves in "ill-fitting" jobs in the long run.
To address these issues, the government will introduce a new scheme designed to support re-employment.
The scheme should "encourage workers to do their part and take personal responsibility for their careers", so they can work towards their goals and find jobs that fit their skills and experience.
The report outlined three possible features of the scheme:
Financial support that is conditional upon workers doing their part to actively search for jobs every month
Targeted assistance for such workers in the lower- and middle-income groups, who are more likely to face financial pressures
Appropriately sized benefits, complemented by existing social assistance schemes for more vulnerable households and training allowance from SkillsFuture
