[Scythian]

"Why are there so many retrenchments in Singapore?
Restructuring, rising employment cost and slow growth forecast are among factors leading to job cuts. UOB senior economist Alvin Liew said the “earlier rounds of retrenchments” may have been caused by a combination of economic uncertainty, rising interest rates and cases of overhiring during the pandemic.

8 Nov 2024"

[Scythian]

"New support scheme for retrenched workers to have tiered payouts starting with S$1,500 in first month"

"rkers to have tiered payouts starting with S$1,500 in first month.

New support scheme for retrenched workers to have tiered payouts starting with S$1,500 in first month

Temporary financial help will be given to eligible unemployed workers from April 2025 under the new SkillsFuture Jobseeker Support Scheme
The scheme was first announced by Prime Minister Lawrence Wong during the National Day Rally

Eligible workers could receive a total of S$6,000 in tiered payouts over six months, with the highest payout of S$1,500 in the first month
To apply for the scheme, workers will have to meet certain criteria, including previously earning an average of S$5,000 or less per month 
About 60,000 Singapore residents will be eligible for the scheme per year, added MOM


SINGAPORE — Workers who have become "involuntarily" jobless could get an "immediate boost" of up to S$1,500 in the first month of their job hunt under a new government support scheme which starts next April.

In total, these workers may receive up to S$6,000 over six months — with support tapering down each month — if they meet the new SkillsFuture Jobseeker Support scheme's eligibility criteria.

This includes a previous income of S$5,000 a month or less on average."

[Cmpunk]

6000 for 6 months enough with high inflation?

[Alice Alicia]

[Scythian]

6000 for 6 months enough with high inflation?

Eating instant noodles 3X a day @ home and drinking tap recycled sewage water added fluoride for 6 months.

Can survive lah

[RiseofAsia]

6000 for 6 months enough with high inflation?

Of course not enough if you are a breadwinner.

[Scythian]

Of course not enough if you are a breadwinner.

Who created all these problems?

Why those leaders detected it coming so late?

What were they busy with then?

[Scythian]

6000 for 6 months enough with high inflation?

S$6,000 ÷ 186 days = S$32 a day

It's certainly not sufficient for food and paying public transport going for interviews

[Scythian]

Singapore is not a fishing village

Singapore is one of the most expensive countries in the world

[Ola]

I can say PAP is the Ultra USELESS

Some1 said that Thailand do much better

when he wanted to transfer his Malaysian worker to be Engineering Mgr for Thailand

Thailand set challenges in Corp Taxes and ended- up, he had to train a Thai Engineer for a few years

The Thai finally became the Manager





As for PAP, they will only betray us instead of helping us

VOTE PAP OUT.






.

[talky]

now he tiam tiam dares not to even talk retrenchment is gd for spore future progress as spore need high tech personnels

how many in IT retreched already,i suppose he has no ideas living in his swiss std gcb

[talky]

S$6,000 ÷ 186 days = S$32 a day

It's certainly not sufficient for food and paying public transport going for interviews

32sgd not even enough for sp bills n hdb s&c!!!!!!!!!!!!

[Scythian]

32sgd not even enough for sp bills n hdb s&c!!!!!!!!!!!!

After 6 months expired, zero 

Eat air

[Ola]

Job Market is BAD now and what has the useless Dead Dragon done?

Since Jan 2025, did he tighten the Employment Pass ?

And stop issuing EP for Non- Tech jobs ie Logistics, HR, Customer Service . . . ??