SINGAPORE: Job vacancies in Singapore are expected to fall further this year given the "uncertainties in 2020", said Manpower Minister Josephine Teo on Friday (Mar 20). Her comment followed the release of the Ministry of Manpower's (MOM) job vacancies report for 2019, which shows the number of vacancies fell due to cautious hiring sentiments. There were 52,900 job vacancies compared to 63,300 vacancies in 2018. However, vacancies remained available across sectors, particularly in the growth sectors, said MOM. "Job opportunities were mainly in information technology, healthcare, business development and sales," the report said. READ: More wage support, direct rental rebates on businesses’ wish list for second relief package In a Facebook post, Ms Teo said the findings have been overtaken by the "evolving COVID-19 outbreak and a global economic slowdown", adding that the results were "no surprise". "There were fewer vacancies overall in 2019 but still many … [Read more...] about Further fall in job vacancies expected amid COVID-19 outbreak: Josephine Teo
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The chancellor will promise to utilise his "fiscal firepower" to protect the jobs and livelihoods of Britons when he delivers his budget on Wednesday. Rishi Sunak will tell the Commons that he will do "whatever it takes" to help business and people through the "moment of crisis" caused by the COVID-19 pandemic. In a lunchtime statement to MPs, the chancellor is expected to lay out a three-point economic plan focused on helping people through the pandemic, fixing the public finances and building the future economy. Possible announcements in Budget 2021 include: An extension to the furlough scheme An increase in corporation tax A freeze in income tax thresholds - a tactic which would not technically be a tax-raising measure but would still mean employees paying more as their salaries rise A six-month extension in the £20-a-week temporary increase in Universal Credit An extension of the stamp duty holiday, which is currently due to end this month … [Read more...] about Chancellor promises to use ‘fiscal firepower’ in budget to protect jobs and livelihoods
As the popular 2020 Apocalypse Bingo meme jokingly emphasizes, it’s been a stressful year. This makes me worry about our health. According to the allostatic load model, the effects of stress are cumulative. Exposure to stressors activates the sympathetic-adrenal-medullary axis (SAM) and the hypothalamic-pituitary-adrenal (HPA) axis. SAM releases the catecholamines epinephrine and norepinephrine from the adrenal glands. Meanwhile, the HPA releases glucocorticoids, like cortisol, which are steroid hormones . This physiological stress response helps us respond and adapt to stress. In fact, it’s remarkable how much stress we can bear. But it’s not without consequence. Over time these physiological adaptations to stress cause significant wear-and-tear on your body that can negatively affect your immune system, metabolic processes, and your cardiovascular system. In other words, allostatic processes lead to increases in blood pressure, lipids, glucose, and inflammation, which … [Read more...] about What Does ‘Allostatic Load’ Mean For Your Health?
Kindly Share This Story: By Kayode Fayemi ONE of the most significant consequences of the global public health crisis, the novel coronavirus, was the adverse effect that it had on economies around the world. As the world faced the greatest public health challenge in most of our lifetimes, we also grappled with the economic effects of lockdowns: limited travel and economic activity, and especially, for oil producing countries like Nigeria, the rapid decline in crude oil prices. Our economic condition was worsened not just by the decline in oil prices, but the weather and security challenges that hurt agriculture, the mainstay of the Nigerian economy. This meant we suffered the double whammy of lower government revenues, driven by the crash in oil price; while shocks in critical sectors also meant a contraction in the economy. Thankfully, while Nigeria has officially exited recession with the recent GDP report showing a growth of 0.11 per cent in Q4 … [Read more...] about States should lead in economic recovery and sustainable growth
In an interview with NewsGuard the day before Instagram removed his page for spreading dangerous misinformation, Robert F. Kennedy Jr. discussed the COVID-19 vaccine and the coronavirus pandemic. Citing his experience in assessing related scientific issues he encountered in his career as an environmental lawyer, Kennedy has fashioned himself a crusader against Big Pharma and the government health apparatus that he says props it up. In addition to other assertions, Kennedy described Dr. Anthony Fauci , director of the National Institutes of Health (NIH) as "an abject failure" who profits personally by promoting vaccines, and made the unsubstantiated claim that the Pfizer and Moderna vaccines are dangerous. NewsGuard's interview has been edited for length and clarity. The transcript below is annotated in italics, with fact checks responding to Kennedy's claims. NewsGuard: Now that the vaccine is out there and has been taken by tens of millions of people, what's your … [Read more...] about Robert F. Kennedy Jr. on Vaccines, COVID and Dr. Fauci: ‘I Read the Science’