Wednesday, 31 Mar 2021 12:04 PM MYT
“Second, efforts to enhance skills and facilitate the reallocation of workers to more resilient, productive, and high-growth areas must be intensified, with more focus towards the ‘future of work’. “Specifically, implementation and deployment are spread over multiple agencies, leading to inefficiency and high administration costs.
“Over the long term, economic policies should be geared towards creation of high-skilled, high-paying jobs, with complementary focus on advancing skills enhancement, enhancing search and matching mechanisms in the labour market, and promoting more inclusive outcomes for vulnerable segments of the labour market.