We watched bits & pieces of PM Lee’s speech tonight and the part that caught our eye was him saying the Government’s biggest priority now is jobs. He highlighted these groups of particular concern:
- People in their 40s and 50s who have to take care of their children and support elderly parents
- Mature workers who are nearing retirement
- Lower-income workers
- Self-employed and freelancers
- Fresh graduates
While we currently do not fall into any of these groups, we are just beginning to understand the financial strain of taking care of children and supporting elderly parents. It’s only going to get worse for us so we follow closely the challenges faced by middle aged PMETs now because that’s essentially what we will face in a decade’s time. The problems start after they get retrenched and the focus seems to be on reskilling and retooling them for new jobs.
Even now in our 30s with a 7 month old baby,