Career mobility is the new job security for Singaporeans

Prodding workers to upskill and businesses to invest in their workers must be a mainstay of the Singapore Budget.

Investing in human capital must be our mainstay when Singapore’s only natural resource is our people, says the writer. ST PHOTO: LIM YAOHUI
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The central problem Singapore faces today can be summed up in one word: jobs.

Over the past three Covid-19 years, we were concerned that massive unemployment could unleash a destructive cycle of declining incomes and despair, if companies facing collapse shed workers, leaving the older folks jobless for good and trapping the young in stasis and unable to start a new life.

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