"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"
"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."
6000 for 6 months enough with high inflation?
(26-03-2025, 05:59 AM)Cmpunk Wrote: [ -> ]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
(26-03-2025, 05:59 AM)Cmpunk Wrote: [ -> ]6000 for 6 months enough with high inflation?
Of course not enough if you are a breadwinner.
(26-03-2025, 07:44 AM)RiseofAsia Wrote: [ -> ]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?
(26-03-2025, 05:59 AM)Cmpunk Wrote: [ -> ]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
Singapore is not a fishing village
Singapore is one of the most expensive countries in the world
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.
.
(26-03-2025, 07:36 AM)Alice Alicia Wrote: [ -> ]![[Image: quote-retrenchment-is-good-for-singapore...ong-80.jpg]](https://i.ibb.co/QgLwfKx/quote-retrenchment-is-good-for-singapore-if-there-is-no-retrenchments-then-i-worry-goh-chok-tong-80.jpg)
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
(26-03-2025, 08:10 AM)Scythian Wrote: [ -> ]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!!!!!!!!!!!!
(26-03-2025, 10:29 AM)talky Wrote: [ -> ]32sgd not even enough for sp bills n hdb s&c!!!!!!!!!!!!
After 6 months expired, zero
Eat air
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 . . . ??
![[Image: Job-Application-Numbers-26-Mar-2025.jpg]](https://i.ibb.co/NgyY248W/Job-Application-Numbers-26-Mar-2025.jpg)
Iceberg can sink the Titanic
(26-03-2025, 04:03 AM)Scythian Wrote: [ -> ]"Why are there so many
.
.
..
(26-03-2025, 07:44 AM)RiseofAsia Wrote: [ -> ]Of course not enough if you are a breadwinner.
Mati mati mati
(27-03-2025, 12:57 PM)Scythian Wrote: [ -> ]Mati mati mati
The number of
unemployed persons in
Australia increased to
627.49 Thousand in January of 2025 from
604.11 Thousand in December of 2024.😨😨😨😨
Wa luo...confirmed die liao lah.. 🤣🤣🤣🤣🤣
No wonder so many homeless Australian like you coming over here kpkb..🤣
(27-03-2025, 01:20 PM)moonrab Wrote: [ -> ]The number of unemployed persons in Australia increased to 627.49 Thousand in January of 2025 from 604.11 Thousand in December of 2024.😨😨😨😨
Wa luo...confirmed die liao lah.. 🤣🤣🤣🤣🤣
No wonder so many homeless Australian like you coming over here kpkb..🤣
"JobSeeker payment rates from 20 March 2023
Family situation Payment rate (per fortnight)
Single, 22 or over, no children $693.10
Single, 22 or over, with children $745.20
Single, 60 or over, after nine months $745.20"
(27-03-2025, 02:30 PM)Scythian Wrote: [ -> ]"JobSeeker payment rates from 20 March 2023
Family situation Payment rate (per fortnight)
Single, 22 or over, no children $693.10
Single, 22 or over, with children $745.20
Single, 60 or over, after nine months $745.20"
So many jobless, jiak liao bee..🤣🤭
(27-03-2025, 03:12 PM)moonrab Wrote: [ -> ]So many jobless, jiak liao bee..🤣🤭
Singapore tech industry retrenched almost 200,000 in past months.
What have you got to say?
(27-03-2025, 03:25 PM)Scythian Wrote: [ -> ]Singapore tech industry retrenched almost 200,000 in past months.
What have you got to say?
Jobless numbers still way below your motherland 🤣
Bodoh..🤭
In the first two months of 2025, some 13,353 people in the industry have already been laid off.
Caught you red handed. Pants down again 🤣
(27-03-2025, 03:47 PM)moonrab Wrote: [ -> ]Jobless numbers still way below your motherland 🤣
Bodoh..🤭
In the first two months of 2025, some 13,353 people in the industry have already been laid off.
Caught you red handed. Pants down again 🤣
Not including banking and finance sectors..
Mati
(27-03-2025, 04:09 PM)Scythian Wrote: [ -> ]Not including banking and finance sectors..
Mati
Waluo kana caught still want to twist and turns 🤭
Just admit your motherland is much worse off la...
It's ok. We Singaporean understand your pain..take care ok?..🤣
beocs 1 snr minister said >10yrs ago casted the spell
I WILL BE WORRIED IF THER IS NO RETRENCHEMENTS IN SPORE
THERE IS NO RETRENCHMENTS IN SPORE.
BECOS HE N HIS FAMILY MEMBERS WILL NEVER BE JOBLESS
BUT HEAVEWN GOT EYE TO PUNISH THEM AS HIS SON MAY SOON BE IN JAIL
(27-03-2025, 08:03 PM)victortan Wrote: [ -> ]This blur sotong . Own son also cannot teach properly. His son court case are so famous.
now no futher news n development of his son case
why ??????????////
(26-03-2025, 09:45 AM)Ola Wrote: [ -> ]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.
Failed to plan plan to fail
.
(26-03-2025, 09:45 AM)Ola Wrote: [ -> ]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.
.
