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Temporary job redeployment may not avert layoffs later
Despite support measures, the large, abrupt shock to the economy may still cause retrenchments and unemployment to rise
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Annabeth Leow
Published Fri, May 1, 2020 · 09:50 PM
Singapore
AS THE novel coronavirus ravages the economy, industries such as aviation have taken a severe beating - pushing some workers in these sectors to in-demand areas like healthcare.
But with some roles added as a result of the pandemic limited in number and only temporary, labour market watchers warn that job redeployment is not enough to avert a looming layoff tsunami.
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