Citizen unemployment rate increases while NTUC says it will help workers
In the advance release of the Labour Market Report for 2017 by MOM yesterday (26 Jan), it shows that unemployment rates for 2017 has gone up compared to those in 2016. Followings are the key findings: Overall unemployment rate rose from 2.1% in 2016 to 2.2% in 2017 Resident (i.e, including PRs) unemployment rate rose from...
ST trying to change its spots?
“Do taxes in Singapore really need to go up?”is the title of an article in the constructive, nation-building ST. But it looks as though it’s trying hard to no longer be constructive and nation-building. In the article, it quotes Maybank Kim Eng economist Chua Hak Bin as saying “It is quite remarkable that Singapore,...
DPM Teo’s joke about Singapore’s aged leadership
I refer to CNA’s “Singapore’s leadership ‘must not become aged’, renewal needed: DPM Teo“. PAP leadership renewal has always been a joke. How could “leadership not become aged” when we have dinosaurs as cabinet members? About 40% of cabinet ministers are above 60 years old, with the oldest at 66. Why Singapore...
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