Most 65-year-olds would be looking to wind down their careers as they hit retirement. But in Singapore, which has one of the highest life expectancies in the world at nearly 85 years and where the government soon plans to raise the retirement age, workers are being pushed to learn new skills to stay productive. Valerie […]
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Job site Indeed today revealed that Singapore’s talent mismatch has fallen by 8 percent over the past four years, from 44 percent in January 2015 to 36 percent in May 2019. The results indicates Singapore’s strong economy in which both employers and job seekers have adjusted to the evolving jobs landscape. A mismatch in the […]
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Government job search portal MyCareersFuture.sg launched the employers section of its website on Sunday, 8 September 2019. Previously, companies had to post job openings through Workforce Singapore’s (WSG) Jobs Bank, and jobseekers would see these listings appear on MyCareersFuture.sg. Along with bringing employers directly onto the platform, MyCareersFuture.sg also updated some of its features to […]
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Singapore needs to remain open to skilled foreign workers, especially in the technology sector, in order to ensure the economy stays a globally competitive one, the nation’s trade minister said. The city state can’t afford to take an “inward-looking, protectionist approach” like some countries that have put up barriers to protect local industries and workers, […]
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Another fake website is luring users into giving their personal information, The Independent reports. The Ministry of Manpower identified the fake website (http://eponlinemom-sg. com) and warned everyone to be on their guard. The fake government website tells users to check their employment pass application status by typing in their name and other personal information. There […]
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About a quarter of older workers want to work and stay in their current jobs, according to a recent survey of more than 400 workers released by the Center for Seniors. A separate study of around 300 older workers by the center also showed that more than half wanted to continue working full-time, Straits Times […]
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Singapore will gradually raise its retirement age by three years to 65, Prime Minister Lee Hsien Loong said on Sunday (Aug 18). The retirement age will rise to 63 in 2022 from the current retirement age of 62 and to 65 by 2030, Reuters reports. Singapore, which has the longest life expectancy at birth in […]
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REUTERS – Deutsche Bank laid off staff from Sydney to New York on Monday as it began to slash 18,000 jobs in a 7.4 billion euro ($8.3 billion) “reinvention” that will lead to yet another annual loss, a plan that knocked its already battered shares. Germany’s largest lender said on Sunday it will scrap its […]
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Robots are taking over human’s roles in manufacturing industry, risking up to 20 million jobs lost by the next decade. This is the finding of recent study by Oxford Economics, a UK-based research firm. According to the report, the displacement of jobs by robots will not be evenly spread around the world, or within countries. […]
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BLOOMBERG – The conventional wisdom used to be that businesses in nations with low wages and growing labor pools would have less of an incentive to invest in robots and artificial-intelligence-enabled computer systems. No longer. Two-thirds of jobs in the developing world are at risk from new technologies, according to a World Bank report from […]
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