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Posted By Topic: NTUC, SNEF working to soften blow of more layoffs in 2024       - Views: 176
seelangui
07-Feb 2024 Wednesday 10:44 AM (82 days ago)               #1
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SINGAPORE - Singapore’s alliance of the labour movement and employers’ federation expects more workers to lose their jobs in the coming months, and urges them – as well as bosses – to work with it to soften the blow.

Calling the outlook “sobering”, National Trades Union Congress (NTUC) secretary-general Ng Chee Meng forecast an uptrend in retrenchments in 2024, a year described as “fragile” by economists, given geopolitical tensions and technological disruptions.

He said: “It is going to be a tough year for our workers. We are already starting to see signs, particularly with retrenchment figures doubling and wage growth stagnating, or even declining.”

In 2023, when the Singapore economy grew 1.2 per cent, 14,320 workers here were let go, more than double the number in 2022 when growth was 3.6 per cent.

The growth forecast for 2024 is between 1 per cent and 3 per cent.

While the labour movement has stepped up its work to prepare workers for new jobs and careers, the fall from the axe this year could, at best, be cushioned.

Recent rounds of layoffs are rising due to the structural alignment of businesses into new opportunities and the exit of lower value-added businesses from Singapore, said Mr Ng.



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seelangui
07-Feb 2024 Wednesday 10:45 AM (82 days ago)            #2
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Mr Ng was speaking to reporters on Feb 6 at the first annual pre-Budget media briefing that NTUC is co-hosting with the Singapore National Employers Federation (SNEF) whose members – on their end – are grappling with rising business costs.

Top on the two partners’ wish list for Deputy Prime Minister and Finance Minister Lawrence Wong, who will open the 2024 Budget session on Feb 16, includes financial support for displaced workers to tide them over in the short term, and collaborative training with firms to help them move into new jobs.

Raising the SkillsFuture training credit for individuals is also on the cards.

The Ministry of Manpower (MOM) is expected to announce boosters for displaced workers in the Budget session.

In NTUC’s annual survey of about 2,000 workers in December 2023 and January, almost 40 per cent of Singaporean workers said they were likely to lose their jobs in 2024, a jump from 25 per cent in 2023. About 12 per cent of the respondents were unsure, leaving less than half – 48 per cent – confident of keeping their posts.

Unemployment in 2023 remained low at 1.9 per cent, and while 89,400 jobs were added – higher than the 61,500 in pre-pandemic 2019 – job growth has begun to slide.

SNEF president Robert Yap said some aspects of the job shedding that is rocking Singapore are “positive” – they shake up the unproductive segments and help keep industries healthy.

But he called on employers to rope in the alliance early, because that would allow proactive intervention to save jobs, or resettle workers into new jobs.



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seelangui
07-Feb 2024 Wednesday 10:48 AM (82 days ago)            #3
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Locals are always been hits hard also
because Locals needed to pay cpf and got
Ns duties got family issues and health issues 
They better call ai than human working 
no such issues but ai would break down 
Always 



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My current Mission is keep wining until S_P 斗/close shop
use main & sub method unit 1 unit= $20:
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Taurus05
07-Feb 2024 Wednesday 12:27 PM (82 days ago)            #4
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if this govt cannot provide us jons to cover the living cost or buy hdb or getting marriage, pls vote them out. wake up 61% you all causes this.



 
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seelangui
07-Feb 2024 Wednesday 12:51 PM (82 days ago)            #5
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quote originally posted by Taurus05:
if this govt cannot provide us jons to cover the living cost or buy hdb or getting marriage, pls vote them out. wake up 61% you all causes this.




The whole world would 
be facing same issues 
As humans values are different nowadays 
 



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My current Mission is keep wining until S_P 斗/close shop
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seelangui
07-Feb 2024 Wednesday 5:15 PM (81 days ago)            #6
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see what you want to see believe all you see
My current Mission is keep wining until S_P 斗/close shop
use main & sub method unit 1 unit= $20:
Use main bet as base the rest side bet to add on to max win or more Name it Eye jackpot system 南神眼



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JOGK
07-Feb 2024 Wednesday 9:24 PM (81 days ago)            #7
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quote originally posted by seelangui:

The whole world would 
be facing same issues 
As humans values are different nowadays 


Like football league
all also for money
see who manage better survive
there will always be issues
Its a matter of how you address the issues
😗😗😗😗😗


 




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seelangui
07-Feb 2024 Wednesday 11:11 PM (81 days ago)            #8
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quote originally posted by JOGK:
Like football league
all also for money
see who manage better survive
there will always be issues
Its a matter of how you address the issues
😗😗😗😗😗

 




I ok with it also
my job becomes more simple only
No worries 😂
let ah gong face it only 
Sit down and see what happens 



see what you want to see believe all you see
My current Mission is keep wining until S_P 斗/close shop
use main & sub method unit 1 unit= $20:
Use main bet as base the rest side bet to add on to max win or more Name it Eye jackpot system 南神眼



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seelangui
07-Feb 2024 Wednesday 11:48 PM (81 days ago)            #9
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quote originally posted by JOGK:
Like football league
all also for money
see who manage better survive
there will always be issues
Its a matter of how you address the issues
😗😗😗😗😗

 




U watching the match now 1-2 now



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Use main bet as base the rest side bet to add on to max win or more Name it Eye jackpot system 南神眼



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JOGK
08-Feb 2024 Thursday 12:17 AM (81 days ago)            #10
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1 - 2?
 ai bet over 2 

This message was edited by JOGK on 08-Feb-2024 at 12:18 AM




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seelangui
08-Feb 2024 Thursday 12:37 AM (81 days ago)            #11
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quote originally posted by JOGK:
1 - 2?
 ai bet over 2  This message was edited by JOGK on 08-Feb-2024 at 12:18 AM




2-2 now😂
extra time pk



see what you want to see believe all you see
My current Mission is keep wining until S_P 斗/close shop
use main & sub method unit 1 unit= $20:
Use main bet as base the rest side bet to add on to max win or more Name it Eye jackpot system 南神眼



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JOGK
08-Feb 2024 Thursday 12:44 AM (81 days ago)            #12
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quote originally posted by seelangui:

2-2 now😂
extra time pk


I won liao 😍

 




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Taurus05
08-Feb 2024 Thursday 9:48 AM (81 days ago)            #13
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quote originally posted by seelangui:

The whole world would 
be facing same issues 
As humans values are different nowadays 


it depend on the govt policies. In this case the govt policies has fail to achieve the economic result thas has caused retrenchements. Note that we are paying high salaries for civil servant not tom, dick or harry.

 



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seelangui
08-Feb 2024 Thursday 10:10 AM (81 days ago)            #14
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quote originally posted by Taurus05:
it depend on the govt policies. In this case the govt policies has fail to achieve the economic result thas has caused retrenchements. Note that we are paying high salaries for civil servant not tom, dick or harry.




To me only it's a holographic game world 
nothing exists 
So far it's proven 
So just live day by day only
We just tools only to them
See ft always had better work 
than local always 
Local got reserves and children 
Care parents relatives and friends here
Best they hired ai robots 
Nothing much would happen to them
The ai world means its holographic game world also
Nothing much different 



see what you want to see believe all you see
My current Mission is keep wining until S_P 斗/close shop
use main & sub method unit 1 unit= $20:
Use main bet as base the rest side bet to add on to max win or more Name it Eye jackpot system 南神眼



betting records at
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Taurus05
09-Feb 2024 Friday 11:26 AM (80 days ago)            #15
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quote originally posted by seelangui:

To me only it's a holographic game world 
nothing exists 
So far it's proven 
So just live day by day only
We just tools only to them
See ft always had better work 
than local always 
Local got reserves and children 
Care parents relatives and friends here
Best they hired ai robots 
Nothing much would happen to them
The ai world means its holographic game world also
Nothing much different



you have a choice every election. The past is the result of 61% voting this govt. If you are happy with the current economic and politics situation and want to wash tray and clean table in the coming years, please continue to vote the crrent govt.
 



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seelangui
09-Feb 2024 Friday 11:36 AM (80 days ago)            #16
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quote originally posted by Taurus05:
you have a choice every election. The past is the result of 61% voting this govt. If you are happy with the current economic and politics situation and want to wash tray and clean table in the coming years, please continue to vote the crrent govt.




Ok ai can change everything also
i believed sg don't exist at all 
So don't need to change anything 
just let them be
They can't change the fact 
It's a holographic game world also
Just a game character npc only😂
Normally npc had a rules and regulations 
Can't change it



see what you want to see believe all you see
My current Mission is keep wining until S_P 斗/close shop
use main & sub method unit 1 unit= $20:
Use main bet as base the rest side bet to add on to max win or more Name it Eye jackpot system 南神眼



betting records at
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Taurus05
09-Feb 2024 Friday 5:27 PM (79 days ago)            #17
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quote originally posted by seelangui:

The whole world would 
be facing same issues 
As humans values are different nowadays 



not really. Have you seen brunei got economic issue? In fact oil producing countries no issues as they protect their market. Can you see it or cannot?

 



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seelangui
09-Feb 2024 Friday 6:20 PM (79 days ago)            #18
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quote originally posted by Taurus05:
not really. Have you seen brunei got economic issue? In fact oil producing countries no issues as they protect their market. Can you see it or cannot?




Yup I see all the issues 😋
I believed the holographic game world 😂



see what you want to see believe all you see
My current Mission is keep wining until S_P 斗/close shop
use main & sub method unit 1 unit= $20:
Use main bet as base the rest side bet to add on to max win or more Name it Eye jackpot system 南神眼



betting records at
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