Retrenchments likely to increase in 2024, NTUC calls for 'support package' for displaced workers
40 per cent of respondents in an annual NTUC survey felt they were likely to lose their job in the next three months.
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40 per cent of respondents in an annual NTUC survey felt they were likely to lose their job in the next three months.
Meanwhile, unemployment rates were at the lowest since March 2015.
A coordinated effort across multiple stakeholders will be required to prepare workers and businesses for jobs and the economy of the future, and individual responsibility is key, Minister Tan highlighted.
NTUC continues #EveryWorkerMatters conversations on employee support as Singapore employment rate increases for 2nd year straight.
He highlights some new ways that NTUC have recently launched to support workers of different segments.