National Day Rally: Gov't to provide up to $6,000 aid to jobless workers under new scheme

Workers, for their part, must go for training, amongst others.

Lower- and middle-income workers who have lost their jobs will receive temporary financial assistance of up to $6,000 from the government under the new SkillsFuture Jobseeker Support scheme.

The financial support will cover a period of up to six months.

The scheme will help those who “become involuntarily unemployed, for example, when they are retrenched or when their companies go bust,” said Prime Minister Lawrence Wong in his first National Day Rally speech.

In exchange, workers given financial support must go for training, career coaching and job-matching services.

“This is the essence of our renewed social compact. We will have your back, we will stand by you, but you too must take responsibility for your actions and make an effort to pull yourself up,” Wong said.

Minister for Manpower Tan See Lenmg will provide more details about the scheme in “due course.”

Follow the link for more news on

Lawrence Wong

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia