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Myth: Retrenchment won t happen to younger workers

January 21, 2021 Getting retrenched is probably the furthest thing from the mind of a young worker starting out in their career. But for 28-year-old Asaad Fazah, it became a harsh reality in May last year. A mere six months into his second job, the business graduate was abruptly notified  via email, no less   that he would no longer be required to attend the company s meeting that day. When it happened, I was just like, Oh, okay. I guess I ll close my computer now and continue eating breakfast , Asaad told AsiaOne with a wry chuckle. The company, a business consulting firm headquartered in Sydney, had already instituted major pay cuts and even slashed working hours for some of his colleagues at that point, he explained, so he might have been disappointed but not surprised .

No swift recovery in 2021, but labour market is on the mend

Supporting workers through turbulent times

Supporting workers through turbulent times Toggle share menu Advertisement Supporting workers through turbulent times Manpower Minister Josephine Teo gives her take on how COVID-19 has changed Singapore’s employment landscape. Manpower Minister Josephine Teo shares more about meeting the changing tides of the economy and the need to adapt. Photos: Mediacorp Photo Unit Share this content Amid the unprecedented events of 2020, many Singaporeans have risen to the challenge, displaying resilience, optimism and grit in their response to the COVID-19 pandemic. In the run up to the new year, we profile 21 individuals who share more about their respective journeys, as well as their hopes and aspirations for 2021.

Job market picks up but Singapore not out of woods yet

The Straits Times Employment rose among residents to near pre-pandemic levels in third quarter The SGUnited Jobs and Skills Package saw a higher-than-expected take-up of positions.ST PHOTO: JASON QUAH https://str.sg/Jarw They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months.

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