SINGAPORE: Despite the gloomy unemployment forecast, more than three quarters of working Singaporeans feel confident that their present job is secure.
Based on a survey by TNS and Gallup International, just 30 per cent of Singaporean workers think there is a chance they might join the ranks of the unemployed this year.
But if they do get retrenched, the majority fear it would take them a long time before they secure another job.
Only 17 per cent of Singaporeans believe they would be able to find a new job fairly quickly.
In this respect, Singaporeans are more pessimistic compared to the global average of 31 per cent.
More than three quarters (78 per cent) say that unemployment will rise this year.
Singaporeans also expect this year to be worse for them than last year.
Just one in five (20 per cent) Singaporeans think that it will be better.