The imminence of a scheme of financial support for the involuntarily unemployed later this year – a departure from Singapore’s traditional approach to dealing with joblessness – is a welcome May Day gift for Singapore’s workers.
Such a scheme – flagged by Prime Minister Lee Hsien Loong in his 2023 National Day Rally speech, endorsed by Deputy Prime Minister and Finance Minister Lawrence Wong in Budget 2024, and reconfirmed by Manpower Minister Tan See Leng in his recent May Day message – will come not a moment too soon.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
