130,000 locals hired by 27,000 firms under Jobs Growth Incentive in 3 months: MOM

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SINGAPORE: The Jobs Growth Incentive (JGI) helped 27,000 firms to hire 130,000 local workers over three months, said the Ministry of Manpower ...

From September to November last year, the 27,000 firms hired a median of two locals, higher than the median of one local hire in the same period a year ago. Nearly all of these firms were small- and medium-size enterprises.Almost six in 10 of the firms hired one to two local workers, while the remaining hired more.

MOM said companies hired from “a wide pool of job seekers”, including mature workers and those who were unemployed or from a different sector. Almost half of the workers were mature workers aged 40 and above, while one-third were aged 50 and above.The Manpower Ministry said it encourages companies “to be more open-minded” towards job seekers from diverse backgrounds, as unemployment rates decline and with the job market seeing "pockets of tightness"."This will better enable them to fill their vacancies and support their businesses," it said.

 

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