SINGAPORE: The amount of monetary assistance for the unconscious unemployed , is meant to support applicants while ensuring that happiness dominance does not kick in, said , academics and sociologists.  ,
Under the new , SkillsFuture Jobseeker Support Scheme, lower- and middle-income workers who have lost their jobs would get up to S$ 6, 000 ( US$ 4, 600 ) over a period of up to six months.  ,
This was announced by , Prime Minister , Lawrence Wong during his , National Day Rally speech on Sunday ( Aug 18 ), in a major shift in Singapore’s approach towards helping the unemployed.
Eligible jobseekers , may furthermore do their part by going for education, job training and job matching solutions.
According to experts, financial aid may be provided for an excessive amount of time or for an excessive amount of time, which could lead to unwanted outcomes.
According to Mr. Christopher Gee, deputy director at the Institute of Policy Studies ( IPS), if the amount is too high, behaviors may change and a worker’s motivation to pursue a job search may decline.
” Moreover, the higher the amount of financial help, the more expensive the project will be”, said Mr Gee, who is also a senior research fellow heading the Governance and Economy office.
According to sociologists, retrenched employees are likely to need to use their savings or rely on family members for assistance with the highest monthly budget of up to S$ 1, 000.  ,
” If it is just at most S$ 1, 000 a month, then it is best seen as a key amounts, particularly with the prices that is still with us, and so unlikely to result to a perspective of happiness dependency”, he said.
Dr. Tan, who serves as an alternative principal research fellow and educational director at Social Lab at IPS, said,” The calculate seems more like a symbolic gesture, sticking close to the basics of self-help as the first line of defense.”  ,  ,
Manpower Minister Tan See Leng , will provide more information about the new system.
The program would assist retrenched Singaporeans who were formerly earning an average monthly income of less than S$ 5, 000 while they seek out a new career, according to the Workforce Singapore website on Monday morning.
Nevertheless, as of 3pm on Monday, the S$ 5, 000 number was removed, and the site stated that the program is for “lower- to middle-income retrenched Singapore people”.  ,
Responding to CNA’s queries, a spokesperson from WSG said:” More details of the scheme will be made known at ( the Ministry of Manpower’s ) upcoming announcement and details of the event will be made known very soon” . ,