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SINGAPORE – Matching job vacancies with employees is not a straightforward process and the system needs to be improved, Deputy Prime Minister Heng Swee Keat said on Wednesday (October 7).
He was speaking to members of the media at the research and development center of the Samwoh Corporation construction company in Kranji after the latest labor situation report from the Ministry of Manpower (MOM) was released.
A key finding of the report was that despite the National Employment Council creating 117,500 jobs, training and bonding opportunities here, which exceeds its original goal of 100,000, only 33,100 local job seekers were placed in these positions. , which generated a significant number of unfilled vacancies.
“Looking ahead, I think we need to further improve this mix of job vacancies with job seekers. And this is what the SGUnited Job and Skills Centers and other agencies will do,” said Heng, who is also Coordinating Minister. of Economic Policies. and Minister of Finance.
The review includes analyzing how the available database systems can best be used for the purpose of matching jobs.
“It has not been an easy journey for people who have lost their jobs. But I am glad to see that spirit of resilience, which they keep trying,” Heng said.
While the process is not straightforward, if job seekers persist in their search, they will be able to find something that fits, he said.
“At the same time, there is also a wide range of training programs … (and) a very good set of programs to help our people develop new skills,” Heng said, encouraging workers to make full use of schematics.
He said that while Covid-19 is significantly reshaping economies and labor markets around the world, there are growing sectors in Singapore and job seekers must remain hopeful.
“There are new opportunities if we change our minds about what good jobs are and are prepared for training, we are prepared to persevere, and we continue to look for good opportunities,” Heng said.
In addition to job seekers being willing to learn new skills and take on new roles, Heng said employers must also be flexible in their expectations.
Rather than looking for a candidate with a unique background, employers should be prepared to invest in training for new hires, he said.
He recognized that it is very difficult to find a perfect fit for job openings, so both job seekers and employers need to be able to adapt and adapt as they move forward.
On Wednesday, Mr. Heng toured the Samwoh Research and Development Center, along with Labor Minister Josephine Teo and Trade and Industry Minister Chan Chun Sing.
“For the construction industry and the built environment industry, it has often been seen as a kind of old economy,” Heng said.
However, he said there are indeed many opportunities for innovation to address practical problems in the industry, he said, citing Samwoh’s efforts.
Samwoh is studying how he can make greater use of future technology in his work, such as artificial intelligence and data analytics.
“I believe that innovative capacity is a key competitive advantage for Samwoh and also for our industry, and this is something that we must continue to emphasize,” Heng said.
He added that during this period, Samwoh has been developing its staff and also hiring new ones. “The staff are well trained and have a clear idea of the skills they need for the company today and in the future.”
As the government finalizes the Research, Innovation and Enterprise Plan for 2021 to 2025, it will engage with industry players to see how to address their plans to future needs so that companies here can be competitive, Heng said.
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