With cyclical and structural challenges affecting our economy and labour market, what kind of jobs can Singaporeans look forward to over the next few years?
Besides possibly driving Uber or Grab as a full-time or part-time job, there are thousands of jobs waiting to be filled in sectors like IT, precision engineering, rail engineering, early childhood education and healthcare.
But which companies exactly will be hiring? What kind of skills are needed to take up these jobs?
The National Trades Union Congress (NTUC) announced a new strategic outfit named “Future Jobs, Skills and Training” (FJST) to identify future job trends and train working people with the right skills to take up these jobs of tomorrow.
The outfit will work closely with its tripartite partners – the Government and employers to spearhead this nationwide initiative.
In an example of how NTUC could work with government agencies to identify jobs, Assistant Secretary-General Patrick Tay said if EDB announces new investments in Singapore, FJST could verify the companies that are hiring and perhaps work with them in advance to fill those positions.
There are also union representatives in the tripartite committee which will be formed for all key sectors. Committees have already been formed in the financial, security, transport, hotel and healthcare sectors.
Besides its union network of more than 800,000 members, NTUC will also rely on its expanded network of SMEs, freelancers and startups to identify job losses and job gains.
Once the data is ready, the outfit can then work with educational institutes to provide training courses for Singaporeans who want to move into job growth areas but are lacking the necessary skillsets. This includes the new NTU-NTUC collaboration targeted at working adults.
Singapore is experiencing a bit of both – cyclical downtown and structural challenges but this presents an opportunity for the nation to restructure its economy and help tomorrow’s unemployed move into tomorrow’s jobs.