The “excuse” of using the downturn to send workers for training, so that they will be well-trained and ready for boom years sounds hollow. The question is, with our lax employment rules, why spend the money training when you can just grab well-trained workers?
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Don vote for PAP!
I had enough of their nonsense.
Talk only but never enforce cos they scare company run away.
bloody hell, seems like we are at the mercy of those foreign company.
So maybe like what MM lee had said, there are foreigners trying to do us in.
It defeats the purpose if by the end of retraining, you are deem too old for the job with higher wage expectations compared to the container loads of foreigners with 3rd world wage standards that employers welcome with open arms. It is a no win situation for the citizens here with little mobility and a family to feed. To sum it up, nothing new from our government, old tricks.
Stupid excuse again, just to make themselves as though they are working very hard for the people, this is no difference like giving a toy to a crying kid when he is hungry, kid may stop crying for a while, but still he is hungry.
“The “excuse” of using the downturn to send workers for training, so that they will be well-trained and ready for boom years sounds hollow.”
Well, now slowly yet slowly more and more people are beginning to see through the missing piece. When more people are looking for job > jobs that really create value addition = balanced no. of people without jobs.
Perhaps, some current retrenched bankers or people in the banking sector can be retrained to be become doctors, engineers, hawker assistants, etc or vice versa.
I listened to the advise to go for training in this downturn.
I listened to the advise to learn another skill.
I PAID AND PAID to attend a training course on management related certification recently.
I finnised the course and got certified sometime after that.
The FACT remains : you have no experience in this line.
Even when economy comes back, I fear that by then companies would also prefer to hire experienced foreigners or experienced locals and not those who are newly certified or trained. The key word here is ‘prefer’.
my 1.9 cent experience for the benefit of all thinking of learning a new skill.
Spot ON! As usual, solution of our Elites sound like a
Child play!
Smart move by sending people for retraining be it any silly courses or what, will generate $$$ for all their respective school accounts from zero revenue to millions and at the same time bailout or extend time all those ready to get their last pay cheque sooner or later.
Result in 2009 excellent GDP numbers, lower unemployments numbers, declare profits in education revenue and claimed recession is over.
Why SPEND money and learn another skillset, when the Job MARKET has grown smaller and there isn’t a need to hire to begin with?
Companies are doing the following
1) Headcount freeze
2) Pay cuts
3) Retrenchments
All of these actions ABOVE show that not much hiring will be done. Now you lose your job, and the companies are NOT hiring and are doing the ABOVE as I have listed.
Money well spent to UPGRADE yourself ??
Can we get a FULL refund if we don’t find a job within 2 months ?
What we need is the govt to fix the money problems of the people.
Lets not forget the Re-Training (RT) many of those who are still liable for service have to be put through.
In the good times, when jobs are plenty, people won’t even switch line or risk venturing into new skills areas.
In bad times, jobs are scarce and existing jobs may not be there for long. I am finding it hard to comprehend how abandoning your core skill to adopt a new skill would help you get a better job. Why not spend time and money improving your existing skills?
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“7) Overclock PC on December 5th, 2008 2.02 pm
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Result in 2009 excellent GDP numbers, lower unemployments numbers, declare profits in education revenue and claimed recession is over.”
Hey dude, do you mean when an UNEMPLOYED does not work and stays at home, he adds 1 count to the UNEMPLOYMENT STATISTICS , but when this jobless bloke go and become a fulltime Student, he no longer becomes part of the UNEMPLOYMENT STATISTIC?
wow, like this you may have revealed the SOLUTION FOR UNEMPLOYMENT – BECOME A STUDENT OR SOME SAY, REGISTER A SOLE PROPRIETORSHIP and Presto! you are now officially certified as a BOSS, and you are employed, SELF employed! ;) even if there is no business activity.
can buy a minvan kangoo oso. not bad wor.
but thanks leh, for pointing out how unemployment rate figure may be affected.
Problem is there is no job. So what if you upgrade your skill? You don’t have the experience and they won’t hire you. Then you end up fighting with the low skill workers and you still don’t get a job because you are not as young and cheap as foreign workers.
All these useless upgrading!
Yes, go for upgrading course.Then we and our family have to go without foods and drinks.Empty stomach to “the upgrading school”.
If you can survives the whole course, consider our family lucky enough and whether if we could even get a job then..??? : )
Unemployment for every year will always still be less than 3% in Singapore, their best gifted economist will use new formula to count unemployment. (eg. people who are jobless for 6 months are not eligible in statistic research.)
Their biggest fear is a drop of GDP numbers for Singapore after giving out so many citizenships over the years to foreign talent + cheap labour from every where in the world to acheive current impressive GDP growth.
Thus, unemployment aren’t a problem, what is important to acheive 6 million population to Singapore to have a record GDP number to impress the world.
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Selamat wong on December 5th, 2008 7.29 pm
“but thanks leh, for pointing out how unemployment rate figure may be affected.”