Manpower Minister Tan See Ling, on 29th July, mentioned that the higher wage demanded by workers is inevitable despite the economic slowdown in Singapore. Additionally, according to the Singapore Manpower Research and Statistic Department, the high job vacancies observed was resulted from the shortage of individuals who are equipped with the relevant tech skills and experience.
Though the path to recovery seems optimistic, despite the recession, the grave issue of a tech talent crunch still remains due to the niche skills required.
On Career 360, Prime Time’s Timothy Go and Bharati Jagdish speak with Paul Endacott, CEO and Founder, GRIT Search to find out why they’re still in demand in spite of the tech winter.