The latest labor market report released by Ministry of Manpower is discouraging for many job-seekers. Employment growth has slowed down and unemployment and redundancies have risen in the second quarter of 2016. In this uncertain market condition, it may not be wise to switch career or even quit without a job. However, regardless the case, you do not leave your financial destiny in the hands of your employer. In today’s context, it is not realistic for Singapore employees to trust that they will never be made redundant. The rapid changes in technology inevitably led to unexpected transformation in various industries, resulting in massive restructuring in our economy. This means that many jobs have become obsoleted and when affected employees are laid off, their positions disappeared as well. Thus, if you are not careful, you may find yourself in the frightening prospect of being retrenched. Even in the civil service sector, which is well-known in Singapore for being  ......