Much has been said about Singapore’s resilience to the economic woes caused by the Covid-19 pandemic — in no small part thanks to its deep reserves that provided the necessary resources to keep the economy afloat, without forcing the government to go into debt to bail out local citizens.

But there’s another characteristic of Singapore economy that has gone largely unappreciated and ironically, is also often a target of scorn from some Singaporeans and local wannabe politicians: its labour market…

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