Saving jobs in Budget 2021: what and whose jobs to save?
Economists look at situation in various labour segments and the different problems that each one faces
Singapore
WHILE the government's call to retrain and upskill has been a familiar refrain in recent years, the push to do so is probably about to intensify at Budget 2021, according to economists.
Describing this as a likely "core element" of the Budget, Sung-Eun Jung, an economist at Oxford Economics, said: "We expect the Singapore government to continue to nudge workers and businesses towards sectors that are likely to come out strong from the Covid pandemic, namely IT, technology, healthcare, financial services."
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Economy & Policy
Social cohesion, long-term planning, political stability are imperatives for Singapore: PM Lee
Singapore’s industrial harmony cannot be taken for granted: Ng Chee Meng
Singapore’s employment growth eases in Q1, as tighter foreign worker quotas kick in for construction firms
US-Singapore FTA marks 20 years: a bridge ‘at the right place, right time’
Daily Debrief: What Happened Today (Apr 30)
Biden’s ‘worker-centred trade policy’ involves building ‘tripartism’: US trade chief