In major policy shift, Singapore announces unemployment support scheme

Submitted by pmassetti on
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cnbc.com (18.08.2024) The implementation of the scheme marks a notable policy shift in the city-state, which has long resisted calls for unemployment support. The scheme is aimed at helping lower- and middle-income workers, and will provide involuntarily unemployed workers a total of up to 6,000 Singapore dollars ($4,561) for six months, subject to conditions.
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