THE INSIDERS GUIDE TO MANPOWER DISRUPTION CAUSED BY COMMITMENTS

Singapore, like many other countries, has been facing challenges in the labor market since the outbreak of COVID-19. Despite having a stable population, the country has experienced a decrease in manpower availability, resulting in many job vacancies not being filled. One of the reasons for this is the increase in part-time commitments due to the uncertainties of another lockdown. Many individuals have prioritized part-time jobs that offer greater flexibility, leading to a decrease in full-time job opportunities take up.

In addition to the part-time commitments issue, another factor contributing to the manpower shortage is the departure of foreign labor. During the lockdown, many foreign workers were paid a fraction of their pay while still having to bear the high cost of living in Singapore. When the immigration gates opened, many of these foreign workers returned to their home countries, creating a vacuum in the workforce and leading to a higher unemployment rate in the countries they returned to. This shortage of foreign labor has affected various industries, including construction, manufacturing, and services.

 

Total Population, as at June 2022

The shortage of foreign labor has also led to an increase in rental prices. With the slowdown of new construction projects, many property owners have been left stranded without a space to live or work in, leading to a surge in rental prices. This phenomenon is likely to persist for some time, given that the construction industry is still recovering from the pandemic's impact.

Personal Mobile Transport is be Popular once again

Another area affected by the pandemic is public transport pricing. During the lockdown period, the cost of maintaining the entire fleet of transport increased while the number of end-users decreased, resulting in significant losses for the transport industry. To make up for the losses, public transport pricing has increased, putting a strain on those who rely on it to commute to work.

 

Work in the transport?

 

The relationship between manpower availability, rental prices, and public transport pricing has intensified the current condition of the lack of viability to work, earn profit and have a livelihood. As rental prices increase, it becomes harder for people to find affordable housing, which affects their ability to work. This, in turn, affects the demand for public transport services, leading to a further increase in pricing, creating a vicious cycle.

 

The work force is now confused over the cost of living, operation and the option of social media sales.

In conclusion, the pandemic has created significant challenges for Singapore's labor market. The decrease in manpower availability due to part-time commitments and foreign labor shortages has resulted in a high number of job vacancies not being filled. This has led to an increase in rental prices and public transport pricing, putting a strain on the people who rely on these services. 

The nature of this pandemic aftermath will reshape policies and habits based on new terms of involvement.

Will the urbanscape and architecture change? Will people travel shorter distance or walk to work as a result ? Will buildings become more mixed use in nature? "Essential business" element will become the part time duty of a business will that change the demand of commercial space. In the USA, retail malls are become micro warehouse venues. Businesses are asking their office space be also of restaurant use. Only time will unfold to show what will happen.