The tight manpower situation in Singapore is due mainly to an ageing workforce, low total fertility rate and greater restrictions on the inflow of foreign manpower due to social and political factors, according to the report.(Photo: New Straits Times) Singapore (VNA) – A new Ministry of Ageing, coordinating closely with the Manpower and Education Ministries, could help the authorities resolve emerging challenges such as the displacement of mature professionals, managers, executives and technicians (PMETs) due to automation. The new ministry should have a division to mitigate the incidence of ageism in employment, particularly as PMETs account for more than half of the country’s workforce, according to a report launched on July 11 by senior research fellow Faizal Yahya from the Institute of Policy Studies. Discussing the challenges of economic disruption, and Singapore’s strategies to retrain its workers, Faizal said the ministry of aging may be required to cover a gamut of concerns from manpower to healthcare. Tight manpower situation in Singapore is due mainly to an ageing workforce, low fertility rate, and greater restrictions on the inflow of foreign manpower due to social and political factors. Greater restrictions placed on the hiring of foreign employees since 2011 have resulted in… Read full this story
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