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Career mobility is the new job security for Singaporeans

Prodding workers to upskill and businesses to invest in their workers must be a mainstay of the Singapore Budget.

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ST20210214-202163578229-Lim Yaohui-pixbudget16/ Office workers wearing face masks walking at Raffles Place within the heart of Singapore's financial centre in the CBD area on Feb 15, 2021. Can be used for stories on money, property, land, commercial, office, finance, financial, and CBD, manpower and job. (ST PHOTO: LIM YAOHUI)

Investing in human capital must be our mainstay when Singapore’s only natural resource is our people, says the writer.

ST PHOTO: LIM YAOHUI

Jack Lim

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The central problem Singapore faces today can be summed up in one word: jobs.

Over the past three Covid-19 years, we were concerned that massive unemployment could unleash a destructive cycle of declining incomes and despair, if companies facing collapse shed workers, leaving the older folks jobless for good and trapping the young in stasis and unable to start a new life.

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