Coming in the midst of the COVID-19 pandemic, and three weeks into Singapore’s “circuit breaker”, Mr Lee’s May Day message forewarned of changes that the coronavirus will bring to the global economy and how this might affect Singapore.
Significant structural changes to Singapore’s economy are likely, and some jobs will simply disappear, he said, adding that workers in these industries will have to reskill themselves and take up jobs in new sectors.
“We will help companies adapt to this new operating environment, and retrain workers for the new jobs available,” he said, adding that the Government will also look into ways to protect freelance workers. Mr Lee added that Singapore has experienced economic restructuring before and has done it more than once.
Dear PM leehsienloong, I think you need to stay for another term in office to see this through. Please seriously consider this.