One week after the Finance Minister announced the Budget, companies continue to retrench workers. Despite the newly-introduced Jobs Credit Scheme (JCS), which was touted as a job-saving initiative, even government-linked companies are laying off employees.
Is it too early to say whether the JCS will indeed help to save jobs? Or are employers, which include government-linked companies, more concerned about their bottomline?
In short, does the JCS really save jobs?
23 January 2009
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31 January 2009
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