Unemployment

2% unemployment rate for 2nd quarter of 2014 decreased to 1.9% by the 3rd quarter of 2014. The average unemployment rate from 1986 to 2014 is 2.49%. Highest record was 6% in 1st quarter of 1986 while 1.9% was the lowest record in 2nd quarter of 1990.

Goal

Our goal is for the entire population of unemployed Singaporeans to have the motivation and be determined to be employed hopefully before the end of 2015.

To decrease unemployment rate in Singapore.

Objectives

Specific

Targeted at the unemployed Singaporeans as of November 2014

Measurable

To decrease the unemployment rate by at least 10% in the next 5 years

Achievable

There was an increase in the number of job vacancies in Singapore, from 12,000 to 63,900 from 1990 to the 2nd quarter of 2014

Realistic

Singaporeans are capable, just unmotivated & lazy

Time

Find a job before the end of 2015

Factors that lead to unemployment

1. Improve in technology which does not required a lot of human labor.

2. Changed of work force demographics

3. Recognizing and responding to differences.

How do people feel about unemployment?

* Lack of confidence

* Insecurity

* Lack structure in their life

* Depressed

* Unhappy

Strategies

1. Pursue a higher education which will enhance your portfolio so as to impress your employer

2. Upgrade skills in the working force so to keep up with the latest improvement and knowledge

3. Reduction of foreign talents so that the competition for jobs is lesser.

4. Support in entrepreneurship so that there will be more jobs create within Singapore

5. Wide network which help you to have more opportunities to meet different people

Plan

1. When Singaporean have specialize skill and knowledge, they will know their job well and therefore they will have the confident to handle the situation.

2. When there is lesser competition, the employment rate will decrease because of lesser people fighting for the job.

3. Implement tax...