SINGAPORE - A national jobs bank was officially launched on Monday by the Singapore Workforce Development Agency (WDA), listing more than 16,000 positions.
First announced by the Manpower Ministry in 2013, the National Jobs Bank is meant to facilitate job matching between employers and local job seekers. Under the Fair Consideration Framework, which kicks in on Aug 1, employers with businesses of 25 or more people must post job vacancies on the website for at least 14 days before applying for an Employment Pass.
Since the beta version of the site was launched in May, 4,300 employers and 12,900 people have signed up for accounts.
"We are creating many job opportunities in our economy, but we need a better, more systematic way to match job seekers to vacancies," said Manpower Minister Tan Chuan-Jin at the launch at the Lifelong Learning Institute in Paya Lebar. He said public feedback on the portal is welcome.
Mr Tan added that the Jobs Bank "will provide another avenue for Singaporeans to explore and apply for job opportunities, as well as allow employers to access a larger pool of local candidates".
The WDA has engaged private job portals to explore possible collaboration and to develop a more comprehensive database of job vacancies within the national portal.
The Jobs Bank can be accessed at https://www.jobsbank.gov.sg/.
Also at the Lifelong Learning Institute on Monday was a career fair with more than 1,500 vacancies on offer from 15 employers across different industries.