Present and future trends in S'pore employment

AsiaOne Business has an interview with Mr Gan Kim Yong (Acting Minister for Manpower and Senior Minister of State), discussing his role and present and future trends in S'pore employment. Yong addresses concerns about inflation and income noting that incomes will likely never keep up with prices but that the government has programs in place (like Workfare Income Supplement) to help offset this discrepancy.

Regarding foreign workers in Singapore, he says that many foreign workers take jobs that native Singaporeans don't want and they add to the "vibrancy and diversity" of the country. He notes that the only way to eliminate foreign workers is to somehow force Singaporeans to work in less popular sectors or to slow down development, and neither option is appealing.

He also states, regarding foreign workers in low-wage positions, that they are not pushing wages down overall and that, if they left, wages for S'pore workers would not be likely to increase.

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