標題: Big changes in labour market under way as Singapore shifts to endemic living [打印本頁] 作者: geemong 時間: 2021-8-24 17:45 標題: Big changes in labour market under way as Singapore shifts to endemic living
本帖最後由 geemong 於 2021-8-24 17:46 編輯
Big changes in labour market under way as Singapore
shifts to endemic living
The Singapore Government took on an extraordinary role since last year when
COVID-19 hit to keep companies afloat and workers employed.
They foresaw early warning signs of a collapse in employment with the upending of
Singapore’s labour market in the first quarter of last year when the pandemic struck
our shores.
The overall unemployment rate quickly hit a high of 3.6 per cent in September 2020
while the citizen unemployment rate matched the global financial crisis high of 4.9
per cent in the same month. This is a far cry from the OECD average of a high of
8.75 per cent last year.
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Government assistance helped mitigate disruptions to the labour market by aiding
companies to retain rather than retrench workers during this period of economic
uncertainty.
Most notable was the Jobs Support Scheme, which offset the wages of local
employees.
There were also efforts to retrain employees to pivot to new industries and jobs,
as well as efforts to keep youth unemployment in check via the SGUnited
Traineeship programme.
Add to that the creation of temporary jobs - temperature screeners, COVID-19 test
swabbers, contact tracers, contractors implementing safe management measures
and safe-distancing ambassadors - that have cushioned the coronavirus’ negative
impact on our domestic labour market.作者: martina28043 時間: 2021-8-28 14:48
