[THE GREAT FALL SOON ?!?!?!] Sinkies unemployment rate reaching 5% liao ~ !

Shion

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how many foreigners at cbp, mbfc holding onto their jobs ?
 

Shion

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traineeships and attachments take up rate also not good according to previous news

seriously who will want such roles unless rly super super jialat, no way out, no other options, cmi, no money liao and etc.
 
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WeiHan

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traineeships and attachments take up rate also not good according to previous news

seriously who will want such roles unless rly super super jialat, no way out, no other options, cmi, no money liao and etc.

well...another explanation is that even traineeships, they are very selective and didn't call everybody that apply up.
 

Wu-Han Clan

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unemployment will always be low lah... after 6 months you become employed.....
 

SMLJMIW

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How many percent for pmet have their profession displaced?


5 percent is how many months or years remain unemploy?

I think after 6 months of unemployment, they are removed from the Labour force participation rate. So they are not counted as looking for a job. So the overall unemployment rate falls since they are removed from both the numerator and the denominator.

It's a numbers game.
 

MyWill

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5% is still very low. Majority sinkies remain complacent. Need 50% jobless to jolt sinkies into reality.

Sheesh do you have an inability to read beyong the headlines?

Quoting from the article you posted:


4.9% of Singapore citizens are unemployed. FFS That's 5%

No wonder Singaporeans are so gullible, everyday just read misleading headlines so they can sleep better at night? :s8:

This only means foreigners have jobs and we dont since total employment rate incl. foreigners is 3.6%
 

Wu-Han Clan

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4.9% of how many???? can someone put up numbers???
next google how many private hire drivers in sg.... also how many sinkies were eligible for the gst voucher in aug 2020....

talk abt one single digit is useless... need to put everything together to tell a story... unemployment and underemployment...
 

lumpyme

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In countries such as Laos the unemployment rate can be over 30% and that is not the worst. In other places like Ethiopia 70% unemployment is normal.
5% is amongst the lowest in the world. There is nothing to worry about as most of these people are simply in the midst of changing jobs for the better.

We have PAP looking after us, nothing will go wrong. Perhaps only if you are living in sengkang then there might be a concern or 2. Otherwise our estates are well maintained and there will always be electricity and water.
Nothing to worry about
 

Shion

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well...another explanation is that even traineeships, they are very selective and didn't call everybody that apply up.

i heard about this too.

to me, it is just another failed programme.
 

Hindsight101

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In countries such as Laos the unemployment rate can be over 30% and that is not the worst. In other places like Ethiopia 70% unemployment is normal.
5% is amongst the lowest in the world. There is nothing to worry about as most of these people are simply in the midst of changing jobs for the better.

We have PAP looking after us, nothing will go wrong. Perhaps only if you are living in sengkang then there might be a concern or 2. Otherwise our estates are well maintained and there will always be electricity and water.
Nothing to worry about

Over here even taxi drivers driving for 12 hours per day may not be considered as fully employed but they are not part of the statistics.
 

xeonboy

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Nonsense. Many PMETs are still spending like anything with huge bonuses and salaries. Condo and landed ppty showrooms all full house.

Many yuppies even want to spend 3 figures eating SIA food.
 

Poomer

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5% is still very low. Majority sinkies remain complacent. Need 50% jobless to jolt sinkies into reality.

when it hits 25% the social compact will be broken. there might not even be pap come 2025
 

Poomer

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Wonder why newspaper never publish the sg citizen unemployment % as the headline ...

154 ah 154

Sent from East Coast Plan Planning Committee from East Coast using GAGT

coz singaporeans are 3rd class citizens, of course you report the overall stats as headline,
the local(sg and prs) next
then you follow up with those of least importance...


https://www.channelnewsasia.com/new...oyment-rate-september-retrenchments-13413258#

Headline:
Singapore’s jobless rate climbs to 3.6%; more than 20,000 retrenched year-to-date

The rate among Singaporeans and permanent residents went up from 4.6 per cent in August to 4.7 per cent, while the citizen unemployment rate increased from 4.7 per cent in August to 4.9 per cent.

This brings the total number of unemployed residents to 112,500, of which 97,700 are Singaporeans.
 

PeanutButtor

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I think after 6 months of unemployment, they are removed from the Labour force participation rate. So they are not counted as looking for a job. So the overall unemployment rate falls since they are removed from both the numerator and the denominator.

It's a numbers game.

seriously??? like that real figures are sure knn jialat. job displacement rate is super duper high.
 

matrix05

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Because SG garment is responsible for anybody in the world that want to come to singapore to have a job not to sinkie citizen only.

But nobody in the rest of the world is reading 158, so massage data for ghost to see?
 
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