With accountancy jobs increasingly under threat from technology and global competition, a new partnership has been set up to identify positions in the sector that are at risk and ways in which workers can retrain for other roles.
The National Trades Union Congress (NTUC) and Singapore Accountancy Commission (SAC) are working together to manage disruption in the sector, which has seen the number of residents working as accounting and bookkeeping clerks fall by 4,900 - or 15 per cent - between 2012 and 2017, NTUC assistant secretary-general Patrick Tay said in a blog post yesterday.
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