MOM: Chee Misunderstood Our Data! 700 Net Jobs For Locals in 2015, Not 100!

[JohnTan]

SINGAPORE: The Singapore Democratic Party’s (SDP) secretary-general Chee Soon Juan “misunderstood” data from the Ministry of Manpower (MOM) and in doing so, “painted an alarmist picture of the job market for Singaporeans”, MOM said on Wednesday (May 4).

In the SDP’s rally for the Bukit Batok by-election on Tuesday, Dr Chee had said: “In all of last year, the Government created only 100 jobs. Yes, you heard it right, 100 jobs for citizens and permanent residents. That means, one job per constituency. Voters of Bukit Batok, only one job was created per constituency. How many of you voters here think you are going to fight for that one job if and when you are retrenched?”

MOM said in a statement on Wednesday that the increase in local employment that Dr Chee refers to is not the total number of new jobs taken by locals in 2015. It refers instead to the difference between total number of locals entering jobs and those leaving jobs, for example owing to retirement, MOM stated.

“This difference, or the ‘net’ number of new jobs taken by locals, was 700 in 2015 and it does not reflect the total number of new jobs for locals,” the ministry added.

Preliminary estimates released by MOM in January found that employment of locals increased marginally by 100 in 2015, after growing strongly by 96,000 in 2014.

However the ministry later revised the figure to 700 in the Labour Market Developments report released on Mar 15.

Despite the slowdown in net local employment growth, most Singaporeans looking for jobs are able to find one, MOM said, reiterating a point it made in its report in March.

“The basic reality is that our local workforce growth has slowed,” the ministry said. It attributed this to smaller cohorts of younger workers entering the workforce; larger baby boomer cohorts exiting it; and Singapore’s employment rate of 80.5 per cent for residents aged 25 to 64 which is “already relatively high by international standards and cannot grow much further”.

These trends are expected to persist in the medium term due to our demographic realities, MOM said. “This is why we are stepping up efforts in industry transformation - to create not just more jobs but better quality jobs for our people,” the ministry stated.

http://www.channelnewsasia.com/news/singapore/chee-misunderstood-mom/2756348.html

 

[Bonut]

SINGAPORE: While the unemployment rate in Singapore remained low last year, total employment growth slowed to a 12-year low, according to preliminary estimates released by the Ministry of Manpower (MOM) on Thursday (Jan 28).

The overall unemployment rate in 2015 was 1.9 per cent - broadly unchanged since 2011 - with the unemployment rate for residents at 2.8 per cent and for citizens at 2.9 per cent, the ministry said.

However, total employment growth for the year slowed to 0.9 per cent - the lowest year-on-year growth since 2003, MOM said.

Employment of locals increased marginally by 100 in 2015, after growing strongly by 96,000 in 2014. The numbers largely reflect the exit of casual workers in retail trade, and slowdown in sectors such as manufacturing (including marine) and real estate services, the ministry said. This was partially offset by job growth in sectors such as administrative and support services, community, social and personal services, professional services as well as financial and insurance services.

http://www.channelnewsasia.com/news/business/employment-growth-at-12/2465436.html

 

[Wunderfool]

SINGAPORE: The Singapore Democratic Party’s (SDP) secretary-general Chee Soon Juan “misunderstood” data from the Ministry of Manpower (MOM) and in doing so, “painted an alarmist picture of the job market for Singaporeans”, MOM said on Wednesday (May 4).

In the SDP’s rally for the Bukit Batok by-election on Tuesday, Dr Chee had said: “In all of last year, the Government created only 100 jobs. Yes, you heard it right, 100 jobs for citizens and permanent residents. That means, one job per constituency. Voters of Bukit Batok, only one job was created per constituency. How many of you voters here think you are going to fight for that one job if and when you are retrenched?”

MOM said in a statement on Wednesday that the increase in local employment that Dr Chee refers to is not the total number of new jobs taken by locals in 2015. It refers instead to the difference between total number of locals entering jobs and those leaving jobs, for example owing to retirement, MOM stated.

“This difference, or the ‘net’ number of new jobs taken by locals, was 700 in 2015 and it does not reflect the total number of new jobs for locals,” the ministry added.

Preliminary estimates released by MOM in January found that employment of locals increased marginally by 100 in 2015, after growing strongly by 96,000 in 2014.

However the ministry later revised the figure to 700 in the Labour Market Developments report released on Mar 15.

Despite the slowdown in net local employment growth, most Singaporeans looking for jobs are able to find one, MOM said, reiterating a point it made in its report in March.

“The basic reality is that our local workforce growth has slowed,” the ministry said. It attributed this to smaller cohorts of younger workers entering the workforce; larger baby boomer cohorts exiting it; and Singapore’s employment rate of 80.5 per cent for residents aged 25 to 64 which is “already relatively high by international standards and cannot grow much further”.

These trends are expected to persist in the medium term due to our demographic realities, MOM said. “This is why we are stepping up efforts in industry transformation - to create not just more jobs but better quality jobs for our people,” the ministry stated.

http://www.channelnewsasia.com/news/singapore/chee-misunderstood-mom/2756348.html

How does 700 makes the unemployment growth look better ?

 

[JohnTan]

How does 700 makes the unemployment growth look better ?

Job growth for locals in 2014 was a whooping 96,400. Maybe that was an indication that PAP was going to win big in GE2015.

 

[winnipegjets]

Chee should just ignore the MOM response and remind people that the PAP has an iron clad control on data and the media. And the PAP even control the Elections Department. What does that mean? Leave that as a question for the voters to conclude.

 

[JohnTan]

Chee should just ignore the MOM response and remind people that the PAP has an iron clad control on data and the media. And the PAP even control the Elections Department. What does that mean? Leave that as a question for the voters to conclude.

Then Chee is telling people that they should vote PAP because PAP calls all the shots and a PAP MP will be more useful to the BB residents than a powerless opposition MP who only wants to go parliament to raise hell on national tv.

 

[winnipegjets]

Then Chee is telling people that they should vote PAP because PAP calls all the shots and a PAP MP will be more useful to the BB residents than a powerless opposition MP who only wants to go parliament to raise hell on national tv.

Or the message is ...don't believe all the bs released by the PAP. They don't tell you the truth.

 

[batman1]

Previously called Ministry of Labour.Then kaykiang changed to MOM.Closed down MOM since it does not benefit Singaporeans.

 

[frenchbriefs]

are they trying to bluff kiddies?why does the chart show a linear growth of 34k to 96k from 2011 to as late as 2014,then a sudden plunge to 700?if singapore's local population is declining shouldnt there be a gradual decline rather than a precipitous drop?

u can spout all the bullshit u want PAP but numbers do not lie.

 

[frenchbriefs]

Job growth for locals in 2014 was a whooping 96,400. Maybe that was an indication that PAP was going to win big in GE2015.

they must be planning on quitting singapore and migrating overseas come 2015....these lucky sonsabitches,wait for me guys!!!!im coming too!!!

 

[johnny333]

they must be planning on quitting singapore and migrating overseas come 2015....these lucky sonsabitches,wait for me guys!!!!im coming too!!!

Do the figures reveal these were new citizens or actual Sporeans?

 

[JohnTan]

Do the figures reveal if are new citizens or actual Sporeans?

new citizens are actual singaporeans. They hold the pink ID card that sinkie citizens have.

 

[currypuff]

Any statistic expert in this forum?

 

[frenchbriefs]

Do the figures reveal these were new citizens or actual Sporeans?

its the local citizens i think,they are talking about the baby boomer generation exiting the workforce and the young graduates entering it.although how that makes up to a 90k decline in employment growth i do not know.

 

[lifeafter41]

its the local citizens i think,they are talking about the baby boomer generation exiting the workforce and the young graduates entering it.although how that makes up to a 90k decline in employment growth i do not know.

It is mind boggling that it's able to drop from 96k to 0.7k. To say the very least.....
Which means to say that for year 2016, it's going to be negative job growth for local Singaporeans moving forward.

To take it a step further, the unemployment rate is going to increase......

 

[winnipegjets]

new citizens are actual singaporeans. They hold the pink ID card that sinkie citizens have.

Most of the new sinkees are temporary citizens. They can go back to their homeland to reclaim former citizenships.

 

[mojito]

new citizens are actual singaporeans. They hold the pink ID card that sinkie citizens have.

Oic. So a new citizen becomes Singaporean, then MOM gets to report 1 net job created for locals? Is that right?

 

[frenchbriefs]

Oic. So a new citizen becomes Singaporean, then MOM gets to report 1 net job created for locals? Is that right?

that actually makes sense,good guess.that would explain the strange figures in the chart,how the local employment growth can grow from 34k to 96k in a few short years and suddenly plunge to 0 in 2015.....it makes no sense how our local population can change so much across the 4 years unless most of it is made up of growth of "new citizens".

i dont recall our population ever growing by 96k in one year.....lets assume unemployment didnt change much,remained constant at around 2 percent.....the number of people leaving the workforce should be roughly 20k per year(death rate in singapore is about 20k,so we can assume roughly about 20k elderly retire every year)to generate a net positive growth in employment of 96k u need 116k of new additional employment,when did we ever have 116k birth rate in one year of young graduating singaporeans entering the workforce?our birthrate should be 34k per year at most......this means the remaining bulk are "new citizens".

looks like behind every PAP statistics lies a thousand lies.

 

[Narong Wongwan]

How does 700 makes the unemployment growth look better ?

It's like Whore Jinx losing 1 billion or half a billion

 

[virus]

I believe cos if a playground n linkway in bb can cost $1.9 million to build it must b true.