Photo from Shutterstock

Gov’t pledges more worker support amidst tech shifts, rising uncertainty

This includes increased support for job transitions and skills development.

The government is increasing support for Singaporeans in the job market, including assistance with transitions and skills development, according to Prime Minister Lawrence Wong.

In a YouTube video released by the Prime Minister, Wong said the country’s economy performed well last year, and that labour market conditions remained strong, but acknowledged concerns about jobs amidst rapid technological change and an uncertain external environment.

GDP growth is expected to dip slightly to 2% to 4% in 2026, down from 5% in 2025, according to the Ministry of Trade and Industry.

Separately, a National Trades Union Congress report revealed that over half (56%) of professionals, managers, and executives feel the need to upskill amidst technological shifts as artificial intelligence disruption remains a real concern for workers.

“The government will do more to support Singaporeans in navigating these changes,” Wong said.

He added that further details on the government’s plans would be shared at the upcoming Budget 2026.

Follow the link s for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.