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The new temporary financial support for involuntarily unemployed workers will incentivise them to return to the workforce with a better-fitting job, said the Ministry of Manpower (MOM) on Tuesday (Aug 27). To qualify for the monthly payouts, they have to actJobseeker support scheme: Workers must actively hunt for jobs to qualify for monthly payouts
The new temporary financial support for involuntarily unemployed workers will incentivise them to return to the workforce with a better-fitting job, said the Ministry of Manpower (MOM) on Tuesday (Aug 27). To qualify for the monthly payouts, they have to actively search for a new job such as applying for jobs, attending career coaching or participating in eligible training courses, the ministry added. This follows Prime Minister Lawrence Wong's announcement of the SkillsFuture Jobseeker Support Scheme in his National Day Rally speech on Aug 18. PM Wong previously said that lower- to middle-income workers who are involuntarily unemployed will receive a total of up to $6,000 over a period of up to six months while they undergo training or look for another job. Sharing details of the new scheme on Tuesday, MOM said that the financial support for jobseekers will be rolled out in April 2025. Read more