JSS extended | New $1B initiative to incentivise hiring in growing sectors | THE BIG STORY |
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Deputy Prime Minister and Finance Minister Heng Swee Keat announces that the Government will continue its support for workers and businesses with new measures costing a total of $8 billion. Associate editor Vikram Khanna discusses the decision to extend the Jobs Support Scheme by another seven months, up to March 2021.
DPM Heng also announces the new Jobs Growth Incentive, a $1 billion programme that will help firms increase their headcount of local workers over the next few months. We discuss whether this will change hiring criteria for older and mid-career workers with Singapore National Employers Federation president Robert Yap. #thebigstory #covid19 #economy |