The centre of gravity will shift from the pre-employment stage, away from schools, away from universities, to in-employment – when you are going for retraining more often, or when you are in between jobs, doing more training and reskilling and building up the capabilities to be able to adapt, to take up new jobs and to do new things.
On the need for continuous retraining.
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With a smaller Singaporean base, actually I can invest more per person, train them more, train them more intensively, build the structure to enable them to get access to reskilling resources more quickly, help companies, incentivise them…
For many of us … where you work for one organisation and one job for a long time, that's not going to happen for my kid, not going to happen for the next generation of Singaporeans.
Our population is ageing very quickly. Our (total fertility rate) is abysmal.
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