In an exclusive interview with The Straits Times, Manpower Minister Tan See Leng shares his latest insights on Singapore’s job market, where are wages are headed, and which industries are actively hiring.
For the second quarter, total employment – excluding migrant domestic workers – expanded by 64,400 or 1.9%, growing at a faster pace than the first quarter’s 42,000 or 1.2%.
00:00 – Will total employment continue to expand?
00:52 – Total employment at 99% of pre-Covid 19 levels
02:24 – Some jobs are harder to fill
03:30 – Global uncertainty clouds outlook
04:26 – Are wages set to rise?
05:29 – Global competition for talent
06:49 – Has non-resident labour crunch ended?
08:25 – Depending on low-cost labour ‘not sustainable’
10:15 – Four sectors still growing and hiring
11:43 – Retrenchments hit all-time low
12:14 – Slowdown looms for labour market
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So many jobs to choose, no need to take the needles also can work.
Good luck to those who took the needles, had covid, breakthrough infections, reinfections, organs damaged
the west, uk n europe are trimming and downsizing the white collar job. only blue collar are in demand. what are the minister talking so much and making it very confusing mixing blue and white. the risk of recession is 100%. dnt base on own opinion of 60/40. sporean are concern about white collar job during the coming recession. whats yr east coast plan?
Millions from levies. Too good for the agency.
There's job growth and wage growth. Employment is up while unemployment is down. The s'pore govt is simply fantastic! 👍👍👍
In 28 years, GST has risen by 3 times – from 3% to the coming 9%. During this time, the population in Singapore has almost doubled from 3.4 million in 1994. Meanwhile, our CPF Minimum Sum – the amount of money we have locked up – has increased from S$40,000 in 1994 to S$192,000 in 2022.
Shouldn’t the government already have enough money for investment purposes, and generate long-term economies of scale from yearly earnings? Where is all the money going?
Singapore and Singaporeans are trapped in a flawed and failing system that is enriching a few at the expense of the many while dividing them, putting them in competition with each and blaming them if they don’t get ahead in a loaded system as they slowly sink in to poverty and hardship.
This is not just a local issue, it is also a global one, with the self-serving Neo Liberal economic model that has become the story and religion of the central bankers and elites around the world at the heart of it. A system that the current PAP has fully embraced and is endeavouring to defend even while it is being rejected and thrown off almost everywhere else.
Rubbish times not holding the minister accountable as usual usleess newspaper garbage
P&P
ADVICE TO OUR YOUNG….
GET A FREEHOLD HOME….
FOR YOUR CHILDREN….
CHILDREN🏕🌲🌲🌲🌲🌲
AMK SERS 4…..STAND UP FOR SINGAPOREANS….
99 YEAR LEASE TIMEBOMB…
TAKE YOUR STAND DONT LOSE FAITH…..OUR LORD IS WITH US…..PRAY….."WE DONT HAVE TO PAY AND PAY THE HDB WHEN SERS IS UPON US" AMEN……OLD AND PENNILESS😭😭😭😭😭
Why never ask the real question? Like salary levels cannot meet with the very high cost of living. Also the issue of miinority races getting much lower salaries compared to the Chinese. These has been going on for ages.
9:39, this sentence, he keep on using it cos 95% of singaporean ministers or MPs are not able to emulate or to say these words HAHAHA
Confirm a lot hypocrites CECA rats here
Useless. Window dressing talk.