7,710 workers laid off in first three quarters of 2014: Labour Movement

[krafty]

http://www.channelnewsasia.com/news/singapore/7-710-workers-laid-off-in/1591856.html

 

[Narong Wongwan]

"Retrenchment is good for singapore. If there is no retrenchments, then I worry." - WoodyGoh Chok Tong

 

[xpo2015]

More layoffs coming soon after oil industry collapse. No thanks to Harvard MBAs graduates.

 

[JohnTan]

These workers should organize themselves into a choir and sing with Mr. Lim Swee Say. It will help lift their spirits.

[video=youtube;CTMMRrxx-Ug]https://www.youtube.com/watch?v=CTMMRrxx-Ug[/video]

 

[Pinoy]

I am sure We Pinoys have replaced these lazy and unproductive sinkies.

 

[master]

I am sure the 60.1% are none of them.

 

[JohnTan]

I am sure the 60.1% are none of them.

I am sure at least 60.1% of the 60.1% are sinkies.

 

[johnny333]

PAP better announce the GE ASAP because time is not on their side. More unemployment = less PAP votes

 

[vnhhinjb]

More layoffs coming soon after oil industry collapse. No thanks to Harvard MBAs graduates.

Yes this may just be the beginning only unless Europe , China and Japan can recover.

 

[JohnTan]

PAP better announce the GE ASAP because time is not on their side. More unemployment = less PAP votes

We have nearly full local employment. PAP is gonna win big this coming GE.

SINGAPORE: With more women and elderly joining the labour force, Singapore’s resident labour force participation rate rose for the third consecutive year to a record 67 per cent, the Ministry of Manpower (MOM) said on Friday (Nov 28).

http://www.channelnewsasia.com/news/singapore/singapore-s-employment/1498396.html

According to data from the ministry’s Comprehensive Labour Force Survey, the participation rate for females was at 58.6 per cent in 2014, up from 51.3 per cent in 2004.

Among older residents, the participation rate for those aged 55 to 64 rose to 68.4 per cent in 2014, from 49.5 per cent in 2004. For residents aged 65 to 69, the participation rate surged to 41.2 per cent this year, from 18.9 per cent in 2004.

As labour force participation rose, the employment rate of residents aged 25 to 64 reached a high of 79.7 per cent in 2014, up from 79 per cent in 2013 and 72.3 per cent in 2004

REAL INCOME GROWTH SLOWS

Salaries were up as well, with the nominal median monthly income including employer CPF contributions rising by 1.8 per cent from a year ago to S$3,770 in June 2014. However, the rate of growth slowed from June 2013's 6.5 per cent.

 

[krafty]

diu hoi lou mou...:oIo:

"Retrenchment is good for singapore. If there is no retrenchments, then I worry." - WoodyGoh Chok Tong

 

[johnny333]

We have nearly full local employment. PAP is gonna win big this coming GE.

I'm talking about real jobs & not EOL(end of life) jobs like taxi drivers, security guards, MLM, clearing tables, selling insurance....

 

[JohnTan]

I'm talking about real jobs & not EOL(end of life) jobs like taxi drivers, security guards, MLM, clearing tables, selling insurance....

Do you think these insurance agents are working in (end of life) jobs? Sure doesn't look like it.