Number of retrenched workers hit 7 year high
According to figures released by the MOM today (13 Dec), the number of retrenched workers hit a 7-year high in 2016. This figure is the highest since the 2009 Global Financial Crisis. In the first 9 months of this year, there were 13,730 workers who were laid off. This marks a 35% increase over the 10,220 number during the same...
More discouraged Singaporean youths stop looking for jobs
The number of discouraged workers under the age of 30 has increased to 1200 from last year's 700 according to the MOM's advance release on the labour force two weeks ago. Of the 9,900 discouraged workers, almost 70% were aged above 50. While unemployment has been associated with employers rejecting candidates because of their...
Authorities give only one chance despite gross shortage of ‘new’ parking coupons
The authorities have said that they are only giving a one-time advisory before motorists will be fined for using ‘old’ coupons, which has become invalid overnight as prices of parking has increased. This is despite the fact that HDB itself is understood to have put an unspecified limit to the number of coupons that could...
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