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Talent Mismatch in Singapore Declines in Both Tech Sector and Broader Labour Market

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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September 11, 20199:32 am
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MyCareersFuture.sg’s New Features Help Employers Hire Better Candidates

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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September 10, 201911:35 am
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Singapore Seeks Skilled Foreign Workers for Key Sectors

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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September 4, 201910:59 am
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Beware of Fake Employment Website, MOM Warns

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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September 3, 201910:11 am
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More Than Half of Singaporeans Older Workers Keen to Stay in the Workforce

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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August 23, 201910:53 am
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Singapore to Gradually Raise Employment Age to 65 by 2030

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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August 20, 201910:59 am
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Deutsche Bank to Undergo Massive Layoffs, 18,000 Jobs Will Go

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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July 12, 20199:12 am
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20 Million Jobs Will be Lost to Automation by 2030: Study

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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July 3, 20199:48 am
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2 in 3 Jobs are at Risk of From Automation, Women Fare Worse than Men

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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June 25, 20199:02 am
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Refugees Could be the Untapped Resource of Labour for Malaysia: UNHCR

Malaysia could use genuine refugees to support the country’s economy by giving them opportunity to work lawfully, the UNHCR suggested. According to UNHCR Spokesperson in Kuala Lumpur, Yante Ismail, 2015 report of Malaysia Economic Monitor published by the World Bank found that legalising refugee workers would lead to the creation of more jobs in Malaysia, […]

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June 24, 20199:10 am