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NATIONAL DAY RALLY

‘Not overly generous’ jobseeker support will mainly help the lower-income: observers

More might have to be done for the middle-income and older workers, they say

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Paige Lim

Paige Lim

Published Mon, Aug 19, 2024 · 09:37 PM
    • Associate Professor Walter Theseira, a labour economist, said: “The scheme by quantum is targeted more at lower-income workers, as the payout amounts are quite low by international standards for replacement income-type schemes for middle-income workers.”
    • Associate Professor Walter Theseira, a labour economist, said: “The scheme by quantum is targeted more at lower-income workers, as the payout amounts are quite low by international standards for replacement income-type schemes for middle-income workers.” PHOTO: BT FILE

    WITH upcoming support for the involuntarily unemployed chiefly benefiting lower-income workers, more needs to be done for middle-income and mature workers, said observers.

    They also hope for clarity on whether a worker can benefit from both the new scheme and the existing SkillsFuture Mid-Career Training Allowance at the same time.

    In the National Day Rally on Sunday, Prime Minister Lawrence Wong gave some details of the long-awaited SkillsFuture Jobseeker Support scheme, saying that it focuses on helping lower and middle-income workers.

    National Day RallyUnemploymentJobs and skills

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