Confidence to ride out COVID-19 has diminished need for continued Jobs Support Scheme
By Lam Yi Young
What is the cost of saving jobs amid the devastating impact of the COVID-19 pandemic?
Singapore has paid out over S$27.6 billion through the Jobs Support Scheme (JSS) as of September.
An estimated 77,500 jobs or around 3 per cent of local employment was protected as a result of the JSS, according to Deputy Prime Minister Heng Swee Keat, even while businesses struggled to cope with the pandemic-induced disruptions.
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Wednesday, 20 October 2021DOWNLOAD AS PDF