Retrenched workers may soon receive unemployment support as part of this year’s national budget, which will be rolled out on Feb 14.
A report quotes economists as saying that the support extended may only be for a certain period of unemployment and could only be for vulnerable workers.
This has caused observers to say that unemployment support may be in the offing as part of the Budget. “This may come in the form of ‘re-employment support’, together with job search or training support. There should be active labour market policies to incentivise those who are actively looking to re-enter the workforce by going for employability camps, career coaching and job interviews,” Mr Tay told BT.
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