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Unemployment rate for over-30s creeps up


Hephaestus
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(edited)

    Got 5 dislikes for this post.

 

Those who posted the dislikes probably think I am rocking the boat, and they got to do their paid job work to screw the rocker.

Kindly note that people like me are valuable feedback contributors to your employers.

Remember how Aljunied was lost?     False reports went up through the grassroots levels saying all is well.   And after losing Aljunied, they could never get it back.  

 

Think twice before you kill all the valuable feedback.    Kindly use your brains if you have one. 

 

I suppose there will always be haters. I prefer keyboard warrior to disagree out front and not place dislike for a more mature outcome of the discussion.

 

But sometimes, those that goes against the grain also get bombarded by not so nice response from pro singaporean. As in your case.

 

Enclosed is a self-help guide to critical thinking to get things / Thinking started. And I know. Brace for another dislike as well..

 

https://youtu.be/dItUGF8GdTw

 

Its design for people from 5 year old to 50 so I am sure its easy to watch.

Edited by Sdf4786k
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That's critical thinking, and of course, the indication is that this would be the direction. And of course, they would expect all to agree by nodding their heads together, bring in the hungry ghosts and they will hope by 2021 there will be no impact on the election results. As usual the grassroots will feed only positive info up to the chain.

so what if they overturn the tables? I got my place to stay, I have a job, through God's blessings. I have no reason to gribe or complain. I can only see more than Aljunied will be repeated if they continue on like this, maybe they lose the whole apple cart? It's not my business.

 

But pity the Singaporeans who will suffer, the new entrants to job market and the older workers, my heart goes to them. If the garment bother to think a little deeper there are solutions to the problems. But I see there is no will to want to solve problems, there is certainly a will to make money to get more bonus as if a million is not enough.

Bro ... i think and hope many will open their eyes. The next gen will suffer most if we dont. The elite has no worry bec the new citizen will delude the votes ... probably thats why no will.
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Bro ... i think and hope many will open their eyes. The next gen will suffer most if we dont. The elite has no worry bec the new citizen will delude the votes ... probably thats why no will.

There is a quick and easy way to build up your quality resources... based on the earning of sgd20 000 and above and when a PR is offered, the employee reject the offer to become a citizen after 5 years , the tax rate is raise to a different tier for every year it’s rejected till it hit 40%. I know that the company pays for the income tax. But that will help to encourage a more positive inclusive society as well as have an interest in not only working here but making it a home to stay .
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Turbocharged

I believe the background is not just the ground issue. More of external factors.

 

https://www.straitstimes.com/singapore/singapore-india-to-launch-third-round-of-discussions-on-key-bilateral-economic-pact

 

SINGAPORE - Singapore and India will soon launch a third round of discussions on a key bilateral economic pact and will consider expanding their air services agreement in view of growing traffic. 

Speaking at a press conference after holding wide-ranging discussions at the Istana on Friday (June 1), Prime Minister Lee Hsien Loong and visiting Indian Prime Minister Narendra Modi said they had agreed to deepen economic ties and build on defence cooperation.  

Announcing that the second review of the economic pact, Comprehensive Economic Cooperation Agreement (CECA), had been completed,  Mr Lee said this showed bilateral economic ties were substantial and the two countries wanted to do more together. 

It was not clear if progress had been made in some contentious issues like greater access for India's banks and software professionals in Singapore.

*********************

If India is holding an economic stick at us, then the bigger picture would be, should we be sacrificed for the better good of the country. Or is there a bigger stick that we can wave back. 

The best approach is always a carrot approach.

If you ask truthfully if the outsource service that we have so far is any good. I would so not. There is a huge huge huge gap. And thats why we still need the local to be there to prop up our services.

Because we will live and defend here.

But are we treated with the same amount of rewards and remuneration and career advancement?

Food for thought. those thoughtless boss will always tell you the door is always open.

Because there will be others in their own group that wants in to paradise here in Singapore.

 

I half suspect this story line set the stage for this other article.

 

https://www.todayonline.com/singapore/labour-crunch-looms-rethink-foreign-workers-may-be-needed-analysts

 

+++++++++++++++++

In response to the figures, analysts contacted by TODAY said that the conversation on foreign labour needs to happen soon, as there is a risk that economic momentum could be affected. Allowing foreign workers with the necessary skill sets in critical industries would provide a boost for the economy.

However, they also said that the response needs to be a calibrated one due to the sensitivity of the issue.

For now, though, there is good news for workers. Given the growing optimism in the market, economist Francis Tan from United Overseas Bank (UOB) said: “This is a different cycle where things pick up, businesses are more optimistic, and might want to hold on to their existing labour or 

 

i dunno... what tangible benefits did we really achieve from CECA?

 

all i see is the endless import of tens of thousands of Indians doing PME jobs that our fellow Singaporeans can also do

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Just givong two cents. I don't think Singaporeans have difficulty finding jobs but they are picky or fixated on this job.

 

I will give you an example. I actually like to work in the operating theatre but I am not cut out for it. So I took the plunge and went for another specialty which was emergency nursing and so far I am still OK.

 

Point is, if I am fixated on theatre nursing i will end up unemployed today. So if there are no jobs in banking sector, perhaps it is time to change industries?

 

I do realise that some people have commitments and it is not easy to take a pay cut but if the choice is between paycut and unemployment, I think paycut is better, though there is a risk. You may not last in the new industry and unluckily, just after you switched, there is opening in the industry you left.

 

Bottom line, reasonably good jobs are there all the time. But going for them might involve risk. Question is, will the unemployed just remain unemployed or take the plunge?

 

Also there is a need to manage expectations. When I was a junior nurse, my friend who is also a junior nurse told me my job is worth this salary. I applied but during the interview I was told directly my friend is bluffing. I was given a lower pay cos I needed the job. Later I found out my pay was actually the norm and my friend might really have been bluffing me or just exaggerating. So my point here is some people might think this particular salary is the norm and hence they will not accept a lower pay and for some reason, Singaporeans are very averse to being lowballed. For me is lowball me is OK, I come in and prove my worth and my pay will go up or your competitor will pay me but I will not reject a "lowballed" offer out of hand (unless too extreme).

 

As for mass importation of foreigners I cannot comment cos my job is really short of local staff.

 

My two cents.

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(edited)

Growing traffic is big economic pie. Vs people finding Job and being displaced by getting bypass “accidentally “.

 

Plus the fact that employers can do what they like and we facing a slowing of birthrate.

Anyway, there are still jobs out there. Just not choices ones.. so the beauty here is singaporean can always apply for job with company like mindef n the police force. I am very sure they only take in singaporean due to the sensitive nature of the job. And your contribution to the country build loyalty to the Organization as there is a bond .. it’s a good outcome from what I see. But on the negative side. We become more m more reliant and become a welfare state. And that’s the biggest worry from an internal economic prospective. Just look around the growth area like Changi biz park. At 3pm the place is crowded with no seats available where people are chatting loudly and looks like a weekend. And you start to wonder why the local are working so hard to get thiNg’s done..

Is there even a statistic to show the ration of these people in the 10,000 to 20,000 earning capacity vs Local at Changi biz park? I am sure it’s going to be a very interesting stats

 

Perhaps selecting the choice vs doing what is deem a bigger picture should be the question.

Edited by Sdf4786k
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Supersonic

i dunno... what tangible benefits did we really achieve from CECA?

 

all i see is the endless import of tens of thousands of Indians doing PME jobs that our fellow Singaporeans can also do

I am rather confused by the direction that is heading.

On one hand, the govt encouraged the younger people not to take degrees, and on the other hand wanted people to upgrade their skills and knowledge to remain competitive.

Then on the other hand, still mass import these foreigners for PME jobs Singaporeans can do, despite having the skills.

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Turbocharged

I am rather confused by the direction that is heading.

On one hand, the govt encouraged the younger people not to take degrees, and on the other hand wanted people to upgrade their skills and knowledge to remain competitive.

Then on the other hand, still mass import these foreigners for PME jobs Singaporeans can do, despite having the skills.

Degree and skills are rather different..

Degree vs Certification of completion of xxx.

Maybe that's what they meant.. they want us to take the cert..

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(edited)

At the end of the day, having degree does not guaranty getting a job or advancement in career.  As the world get more connected and globalization, company are looking at skill set, knowledge and experiences.
Unfortunately the younger generation do not think that way or finding ways to get around the boundaries of economics or the job market. Some succeed but most of them don't.

A lot of times, new job seeker do not want to accept a lower pay in exchange for experience (Pay to learn) as compare to FT that will to drop their pants for the working experience. This is probably also due to agency and media printing a rosy picture of their 10 years series annual pay which distort the industry pay package.

As for the gov allowing more FT, it is due to the same old reasons of jobs that Singaporean do not wants to do or create competition so the local will not be complacent and need to upgrade their skill set. Sadly there is little effort in enforcement of foreign labour as well agism which result in some job taken away from the local.

Lastly some people felt that they have the skill set and experience but was not able to get a job after several interview. These people need to re-look at their portfolio, their strength and weakness as well as the job market and the industry they are in. A lot times I see folks coming for interview that stated extensive experience and skill set, but turn to be a coordinator.

 

My 2 cents worth of text.

 

I am rather confused by the direction that is heading.
On one hand, the govt encouraged the younger people not to take degrees, and on the other hand wanted people to upgrade their skills and knowledge to remain competitive.
Then on the other hand, still mass import these foreigners for PME jobs Singaporeans can do, despite having the skills.

 

Edited by Ghgan
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Hypersonic

I am rather confused by the direction that is heading.

On one hand, the govt encouraged the younger people not to take degrees, and on the other hand wanted people to upgrade their skills and knowledge to remain competitive.

Then on the other hand, still mass import these foreigners for PME jobs Singaporeans can do, despite having the skills.

Even they encourage people to take degree, you must remember only take local degree and not those private/external degree, cause those degree also no use de. Many employers dont really recognise them and pay you non-degree salary.

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Supersonic

Even they encourage people to take degree, you must remember only take local degree and not those private/external degree, cause those degree also no use de. Many employers dont really recognise them and pay you non-degree salary.

That's only when you join stat boards or local MNCs.
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Hypersonic

That's only when you join stat boards or local MNCs.

Stat boards and govt confirmed and chopped they dont recognise private degree. But some private companies, whether local SMEs, MNCs or even overseas MNCs might also dont recognise private degree de, they would pay lower as compared to local degree. Maybe also depends on the management in that company. I have encountered before one manager in a company dont really recognise private degree, maybe cause that manager was from local uni, so basically only support qualification from govt institution, whether it is diploma or degree?!

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(edited)

Just givong two cents. I don't think Singaporeans have difficulty finding jobs but they are picky or fixated on this job.

 

I will give you an example. I actually like to work in the operating theatre but I am not cut out for it. So I took the plunge and went for another specialty which was emergency nursing and so far I am still OK.

 

Point is, if I am fixated on theatre nursing i will end up unemployed today. So if there are no jobs in banking sector, perhaps it is time to change industries?

 

I do realise that some people have commitments and it is not easy to take a pay cut but if the choice is between paycut and unemployment, I think paycut is better, though there is a risk. You may not last in the new industry and unluckily, just after you switched, there is opening in the industry you left.

 

Bottom line, reasonably good jobs are there all the time. But going for them might involve risk. Question is, will the unemployed just remain unemployed or take the plunge?

 

Also there is a need to manage expectations. When I was a junior nurse, my friend who is also a junior nurse told me my job is worth this salary. I applied but during the interview I was told directly my friend is bluffing. I was given a lower pay cos I needed the job. Later I found out my pay was actually the norm and my friend might really have been bluffing me or just exaggerating. So my point here is some people might think this particular salary is the norm and hence they will not accept a lower pay and for some reason, Singaporeans are very averse to being lowballed. For me is lowball me is OK, I come in and prove my worth and my pay will go up or your competitor will pay me but I will not reject a "lowballed" offer out of hand (unless too extreme).

 

As for mass importation of foreigners I cannot comment cos my job is really short of local staff.

 

My two cents.

 

I have heard horrors story of recruiters.

 

Here how it goes. The bank ran out of quota. So They look for subcontractor,

 

But as its big business, the subcontractor cartel together to share the quota as well. So then you have a main contractor, a sub contractor and the candidate. But as there is two cuts, the local has a huge drop in the pay about 40 to 60%.

 

But from the bank perspective, the local are just not doing the job as they are paid at the top tier rate the bank is paying to the contractor. So there is a huge missed match in expectation.

 

A bit like paying a huge COE for a 1 liter car. You expect the Audi to perform like a horse, but instead, its like a pony or a donkey.

 

And some tells me, if you are unemployed for more than 3 months , the pay is even lowered.

 

Sound like victimised the poor guy. But I cannot confirm if its true.

 

A bit like MacDonald pays 8 dollars an hr. But as you are unemployed for so long, u get 4 dollars an hr. Don't make sense to me.

 

 

Edited by Sdf4786k
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Supersonic

Lets see how much more relevant can this be for real help to the people who have being affected.

 

The landscape where the hiring practice is now very different. Most of the affected folks has being trying to get help while at the same token being push aside due to a "preference " treatment.

 

https://www.straitstimes.com/politics/when-workers-woes-hit-home-for-ng-chee-meng

 

These younger leaders will also feature prominently in the new Parliament session which opened on Monday. In the fifth and last of a series of interviews, The Straits Times speaks to incoming labour chief Ng Chee Meng. Brother's struggle to re-enter job market has made him keenly aware of challenges PMETs face after being laid off

 

 

Wayang again.

 

His brother was a major general. How long was he jobless for before PMO hired him as perm sec?

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Hypersonic

I have heard horrors story of recruiters.

 

Here how it goes. The bank ran out of quota. So They look for subcontractor,

 

But as its big business, the subcontractor cartel together to share the quota as well. So then you have a main contractor, a sub contractor and the candidate. But as there is two cuts, the local has a huge drop in the pay about 40 to 60%.

 

But from the bank perspective, the local are just not doing the job as they are paid at the top tier rate the bank is paying to the contractor. So there is a huge missed match in expectation.

 

A bit like paying a huge COE for a 1 liter car. You expect the Audi to perform like a horse, but instead, its like a pony or a donkey.

 

And some tells me, if you are unemployed for more than 3 months , the pay is even lowered.

 

Sound like victimised the poor guy. But I cannot confirm if its true.

 

A bit like MacDonald pays 8 dollars an hr. But as you are unemployed for so long, u get 4 dollars an hr. Don't make sense to me.

Some horrible employers like to short-change people who are looking for job de. They know you are desperate and so they would pay you the lowest salary range or even lower, and give you all sort of reasons that you are not worth them to pay you more.

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Wayang again.

 

His brother was a major general. How long was he jobless for before PMO hired him as perm sec?

 

Super Wayang ,, haha. Both Brothers 1 airforce 1 navy, got 2 stars on the shoulders. Jobless before? haha,,. After military job, waiting for Boss to gav another high post job is not the real definition of jobless loh. Dun kw which Brother he refer to, mayb "That Brother" "jobless" before last time, ok that 1 can agree.

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