The Digital, Care and Green economies: Reshaping Singapore’s business and employment landscape

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To thrive in the three high-growth economies, priority skills such as data analysis, carbon footprint management and inclusive practices are vital.

decided to take on a new challenge, enrolling in a four-month SGUnited Mid-Career Pathways – Company Training GoSchool programme to learn Go programming. Today, his career path has pivoted and he is now a full stack software engineer.

The report highlighted three economies that are emerging as high-growth areas – the Digital, Care and Green economies. The Care Economy refers to the jobs and skills needed to support services essential to the nurturing and teaching of current and future populations. While Singapore’s ageing population will require the healthcare, wellness and community sectors to adapt to shifting needs, the COVID-19 pandemic has also accelerated the growth of the Care Economy.

Dr Gog Soon Joo, chief skills officer of SkillsFuture Singapore, agreed, stating that many work processes have been impacted for the better by digitalisation. She added: “There’s also rising concern about how we can grow our businesses without jeopardising our environment, besides the demand created by our ageing population and changing demographics. All these have resulted in great job opportunities for the economy.

 

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