We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

‘Insensitive’ remarks in Parliament about how 4 in 10 are earning below $2.5k/unemployed?

3 1 125

I refer to the article “Wages rose faster than productivity in recent years: Koh Poh Koon” (Straits Times, Jul 12).

It states that “Real wages in Singapore rose faster than productivity in recent years, even though real wage growth should track productivity growth over the long run to be sustainable.

As to “From 2011 to last year, real wages for resident workers rose by 1.9 per cent a year, while productivity grew by only 1.1 per cent a year over the same period.

Said Dr Koh: “If real wage growth outstrips productivity growth for an extended period, businesses will be at risk of losing their competitiveness and potentially be forced to scale back or close their operations” – the primary issue particularly for lower-wage Singaporean workers may be that there are simply too many lower-wage. under-employed and unemployed Singaporeans.

In this regard, 886,300 or........

© The Online Citizen