Employment at a high
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Dec 1, 2010
SINGAPORE WORKFORCE 2010 REPORTEmployment at a high
More women and older people join workforce; salaries have also risen
Employment is at its highest level since 1991, with more women and older residents being attracted to join the workforce. PHOTO: ST FILE
SINGAPORE'S robust economic recovery and tight labour market over the past year have brought cheer for workers on several fronts, going by data in a just-released report on employment and earnings.
Employment among residents which is at its highest level since 1991 - when the Government started collecting and publishing data on the resident workforce and employment rate - was fuelled in part by more women and older residents being attracted to join the workforce.
Employees were also pocketing slightly higher salaries. The median monthly income for all employed residents was $2,500 as at June this year.
While this was a 3.3 per cent spike compared to $2,420 as at June last year, the real change for workers - after adjusting for inflation - was just 1 per cent.
Still, the increase pushed income levels closer towards the Government's goal of raising Singaporeans' median income to $3,100 by 2020.
Also encouraging in the Singapore Workforce 2010 report, released on Tuesday by the Manpower Ministry, was data which showed a modest drop in the number of low-wage workers - those who earn $1,200 or less a month.
Source:
http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_609154.html -
Great...now the property prices will go up too....Good or bad? I'm mixed feelings.
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Most ppl on the ground think employment is bad, but the government tells you that employment is good.
Get ready to hear more good news as election approaches.
News media is one of the best brainwashing tools.
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Seriously dun make me laugh. There are some things you cannot fake.
Those who believe should be at home 24/7, not on the ground, or never walk out the streets. -
Singaporean can't even have enuf $$ to give birth, what higher salaries are they bla bla about?? Another bla bla black sheep news, well, he who owns it can write whatever he wants, but at least agar agar abit mah.
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10 years later we see....2020. See if the cleaner can earn $1200 or just $600.
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Originally posted by βÎτά:
News media is one of the best brainwashing tools.
That is only when the entire media industry is controlled by the government to manipulate public opinion.
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This is totally RUBBISH!
How can u use figures in 1991 to compare?
Fucking retards!
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There is one local bank that employ old pple (probably around 50 yr +) manning outside the counter. A good sign to employ older workers. And a good example for other to follow.
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Originally posted by likeyou:
There is one local bank that employ old pple (probably around 50 yr +) manning outside the counter. A good sign to employ older workers. And a good example for other to follow.
OCBC?
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when economy is good, does it mean high turnover rate and higher pay to attract people?
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Originally posted by Rooney9:
when economy is good, does it mean high turnover rate and higher pay to attract people?
Yes.
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they are joking right??
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they should post it into a joke page in the straits times
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reminds me of......HL MILK ....HIGH IN TAXES LOW IN INCOMES
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great more jobs
for floor traps
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Originally posted by Rock^Star:
10 years later we see....2020. See if the cleaner can earn $1200 or just $600.
Dream on! $300 lah!
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cheap cleaners? so orchard road can flood again