Are they anticipating something?
From CNBC, August 18/19:
- The implementation of the scheme marks a notable policy shift in the city-state, which has long resisted calls for unemployment support.
- The scheme is aimed at helping lower- and middle-income workers, and will provide involuntarily unemployed workers a total of up to 6,000 Singapore dollars ($4,561) for six months, subject to conditions.
The Lion City is set to launch an unemployment support scheme for workers who have been laid off or are involuntarily unemployed.
The country’s prime minister, Lawrence Wong, made the announcement during his National Day Rally speech, in which he spoke of Singapore’s economy, education and housing policies.
The scheme, titled the SkillsFuture Jobseeker Support scheme, is aimed at helping lower- and middle-income workers and will provide involuntarily unemployed workers a total of up to 6,000 Singapore dollars ($4,561) for six months, subject to conditions.
Wong said the qualifying worker has to go for training, career coaching, as well as job matching services during the time, saying “these are essential investments that you need to make in yourself to find better jobs.”....
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