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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