SINGAPORE: COVID-19 support measures knocked off 4 percentage points from the projected resident unemployment rate last year, the Ministry of Finance said on Thursday .
Government support over 2020 and 2021 helped to buttress both the GDP and labour market, reducing the impact of the COVID-19 pandemic on the economy, said the report. MOF said the Singapore economy surpassed pre-pandemic output levels by the end of 2021, but the recovery was uneven across sectors. The labour market is on a"steady path to recovery". Although the resident unemployment rate is still slightly above 2019 levels, it is expected to fall to pre-pandemic levels this year.
In assessing the long-term impact of the COVID-19 crisis, MOF said that schemes under the SGUnited Jobs and Skills package helped locals, especially fresh graduates, enter new jobs or pick up skills in a depressed job market.
Source: News Formal (newsformal.com)
Many are Gainfully 'Employed' at vaccination centers and manning the entrances of malls and hawker centers. That how Great the jobs they have created!! 🤣🤣
NJ 4th grade student takes her plea against mask mandates to Gov. Phil Murphy: 'I am only a kid once'
Self-Create Problem Own Self Solve Problem Now Ownself 'angkat' ownself
ASIWAJU BOLA AHMED TINUBU 2023 PRESIDENCY ON HIS MANDATE WE SHALL STAND.
When you fired unvaccinated ppl from workplace , then still need thanks for your support measures …I didn’t get any support