All posts tagged: SkillsFuture

More than half of eligible Singaporeans aged 30 to 75 have used SkillsFuture credit since launch

More than half of eligible Singaporeans aged 30 to 75 have used SkillsFuture credit since launch

SINGAPORE: More than half of eligible Singaporeans aged 35 to 70 have utilised their SkillsFuture credit since the initiative was introduced in 2015, SkillsFuture Singapore (SSG) said on Monday (Feb 9). In 2025, which marked the 10th anniversary of its launch, 606,000 individuals took part in SSG-supported training, up from 555,000 the previous year. SSG said the increase in the number of participants was due to the Dec 31 expiration of the one-off SkillsFuture credit top-up.  More users also used their credit in the final month, compared to the monthly average from January to November in 2025.  However, fewer employers sent their workers for SSG-supported training in 2025. About 23,000 employers sent their workers for training, benefitting around 247,000 individuals. This compares with 24,000 employers and 241,000 individuals in the previous year. “The dip in employer participation could be due to businesses adopting a more conservative approach due to economic and geopolitical uncertainties,” said SSG, adding that it also observed a drop in employer-supported training demand in the second half of 2025. SSG said that …