Experts welcome payouts but worry JSS alone won't save some firms, jobs

The Jobs Support Scheme subsidies cover wages paid up to next March, but at decreasing levels starting in Sept. ST PHOTO: KUA CHEE SIONG
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Companies and analysts have welcomed the latest round of Jobs Support Scheme (JSS) payouts to cushion the blow from the coronavirus pandemic.

But some are worried, saying the JSS alone will not be able to save some firms and jobs as the Government cannot extend the scheme across all sectors indefinitely.

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A version of this article appeared in the print edition of The Straits Times on October 20, 2020, with the headline Experts welcome payouts but worry JSS alone won't save some firms, jobs. Subscribe