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UK jobs market weakens as economy faces tariff hit

  • Dr. Tan highlighted how companies may downsize mature workers due to the slowing Singapore economy and U.S. Tariffs on goods, emphasizing the vulnerability of this group.
  • A National Trades Union Congress poll revealed that 60% of union leaders believe U.S. Tariffs will affect Singapore, yet 70% haven't heard from companies on their responses.
  • Dr. Tan stated that the Singapore Economic Resilience Taskforce was established to aid businesses affected by U.S. Tariffs on Singapore goods.
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  • 40% of the sources are Center, 40% of the sources lean Right
40% Right
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Financial Times broke the news in London, United Kingdom on Tuesday, April 15, 2025.
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