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"Dream - The unemployed in the wealthy Southeast Asian country of Singapore may be the luckiest. Singapore's Prime Minister Lawrence Wong stated that he will provide assistance worth 6,000 Singapore dollars, or about Rp71 million, for the unemployed. This assistance, similar to social aid in Indonesia, was announced by Lawrence Wong in his speech on Sunday, August 18, 2024. The aid is given to individuals who have been unemployed for six months. Quoting Channel News Asia (CNA), this assistance is temporary and recipients must meet certain criteria."

Layoffs Strike, Unemployment in Singapore Given `Social Assistance` Rp71 Million

This idea has been voiced by Wong for a year. He first proposed the idea to channel assistance to the unemployed in September of last year.

The assistance scheme for the unemployed is designed through discussions involving the National Trades Union Congress (NTUC). As for the recipients of the assistance, they are required to participate in a number of trainings such as career training, counseling, and job matching. \

"Wong said the government has been studying for some time how to help those who are experiencing unemployment due to layoffs or bankrupt companies.
'Some countries have unemployment insurance; however, the experience is not always positive, because after receiving a large benefit, the person may feel more inclined to remain unemployed than to return to work,' said Wong."

"This assistance also looks at the number of layoffs that occurred in 2023. Companies such as Lazada, Amazon, the Temasek-backed online cashback platform Shopback, Ninja Van, and Citi are among the companies that have recently announced layoffs."

Layoffs Strike, Unemployment in Singapore Given `Social Assistance` Rp71 Million China Town Market

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