AI Summary
Singapore will launch the Graduate Industry Traineeships (GRIT) scheme, offering up to 800 government-funded traineeships for recent graduates starting in October. The program aims to provide valuable industry experience amid economic uncertainty. Trainees will receive monthly allowances between S$1,800 and S$2,400 for placements lasting 3-6 months in sectors like finance, IT, manufacturing, and trade. A separate GRIT@Gov program will offer public sector traineeships. The initiative addresses employers' preference for experienced candidates even in entry-level roles, helping graduates improve their competitiveness.
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