Finding the best-fitting job, or training for a job with better prospects, takes time, noted DPM Wong. Read more at straitstimes.com.
SINGAPORE - To ensure retrenched workers do not rush into the first job they find, regardless of its suitability and prospects, a re-employment support scheme is needed, said panellists at a wide-ranging roundtable discussion on Monday.
During the Budget debate in February, Mr Wong said the Government was exploring targeted re-employment support to cushion retrenched or displaced workers, especially mature workers in their 40s and 50s, but did not specify the form that the support would take. Demurring, Mr Wong said the unfilled vacancies were not a symptom of training not being effective enough, but instead reflected the amount of opportunities available in Singapore, with the Republic already approaching full employment, on par with pre-pandemic levels.
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