What Budget 2026 Isn’t Saying About the Job Market [W&S 157, Budget Special]
Get ready for an insightful episode where we break down the #budget2026 and its potential impact on the workforce and economy. This isn’t your typical budget discussion. We’re diving deep into AI, labour market shifts, and future career trends. Meet the Experts:
- Hui Wen Woo: A Recruiter; Director at Binoculer, sharing insights into how the job market has become more complicated than ever.
- Dr. Pinchuan Ong: An assistant Prof at NUS Business School, offering a macro view of how AI is reshaping industries and careers.
- Somnath Kansabanik: Senior Leader in Energy Transition. A former full-time employee turned fractional career consultant, discussing the rise of the gig economy and its place in the current budget.
What to Expect:
- How AI is influencing jobs, from displacement concerns to upskilling opportunities.
- The reality behind layoffs, especially in tech and finance, and what industries are hiring.
- Key budget measures that could impact your future career, whether you're in a traditional role or shifting to a more flexible, fractional career.
Don’t miss this thought-provoking conversation on the future of work! Tune in now!
What We Discuss:
- 03:15 What in this budget resonates most?
- 10:31 Is the layoff issue downplayed?
- 16:36 How can we properly measure underemployment?
- 25:26 Should training be guided instead of marketplace-driven?
- 28:35 Will salary peaks shift due to AI changes?
- 31:08 What’s a fair adjustment when switching industries?
- 39:00 Are employers really valuing transferable skills?
- 45:32 How will EP and levy increases affect the job market?
- 55:31 What is within government control vs individual responsibility?
Episode Resources:
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