Fresh graduates are in for a rocky start in their job search, amid a bleak economic environment caused by the Covid-19 pandemic, which could last well beyond this year.
GRIM YEAR AHEAD Economists have projected that unemployment and retrenchments could worsen this year. Some help, though, is on the way for job seekers. Financial institutions will receive $2,000 every month for each Singaporean fresh graduate or Singaporean worker from other sectors they hire, as part of a Monetary Authority of Singapore talent development initiative.
"Unless there is a real need for workers, most companies are likely to want to play it safe, and to hire in smaller numbers, if at all." "Get engaged. Whether full-time employment, contract or temporary, this should not matter. Get a foot in the door first with a view to learn-and-work," he said. Moreover, the recruitment process could be shortened, as interviews and meetings with job applicants move online, he said."Potential employers will ask, 'What have you been doing while looking for a job?' It may not reflect well on the applicant if the answer is 'taking a break and resting at home', even if that is an honest answer. The fact is, as a country, we need a lot of help in many areas now.
Source: News Formal (newsformal.com)
HWEEEEEEZHI fun times this year 😢
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