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
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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