Singapore NDR 2023: Retrenched workers to get financial support while reskilling, scheme still being 'fine-tuned'

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Singapore NDR 2023: Retrenched workers to get financial support while reskilling, scheme still being 'fine-tuned'
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SINGAPORE, Aug 20 — To help retrenched workers get back on their feet confidently, a new scheme to offer temporary financial support to these workers while they upgrade their...

SINGAPORE, Aug 20 — To help retrenched workers get back on their feet confidently, a new scheme to offer temporary financial support to these workers while they upgrade their skills is in the works, Prime Minister Lee Hsien Loong said today.

"Anxiety to keep up with the latest trends. Worry that your job may be taken over by robots or AI applications. We can certainly expect more job disruptions. More of our workers will be affected by such disruptions and may lose their jobs several times throughout their careers," he said.

"So it is very difficult to go for skills courses. Thus, often out of desperation, we seize whatever jobs are offered." To this end, he gave an update on the facelifts that the Geylang Serai Market and Joo Chiat Complex will be undergoing as part of the Government's Geylang Serai Cultural Belt project that Lee announced in his 2018 National Day Rally.

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