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PMETs face higher risk of retrenchment, experts say

Kok Xinghui
Kok Xinghui • 2 min read
PMETs face higher risk of retrenchment, experts say
SINGAPORE (Mar 8): The conventional wisdom that the higher skilled is more employable no longer holds water, says DBS economist Irvin Seah.
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SINGAPORE (Mar 8): The conventional wisdom that the higher skilled is more employable no longer holds water, says DBS economist Irvin Seah.

In January, Seah released a report in January detailing the issue, calling professionals, managers, executives and technicians (PMETs) a “newly vulnerable” group of Singaporeans.

“We need to watch this very, very closely because it is not one-off. This is an emerging trend that has been worsening for the past 10 years. You can see it climbing and it is not right,” he says.

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