Jobs for locals (Singaporeans and Permanent Residents) grew by a grand total of 0 percent in 2015.
Compared to that, 31,700 jobs were created for foreigners in that same year.
Still, that’s “no cause for panic” according to Manpower Minister Lim Swee Say.
Mr Lim says he expects the foreign workforce to grow by twice the rate of the local workforce over the next 5 years – 2 percent versus 1 percent.
He put the current slump in growth of jobs for Singaporeans and PRS down to locals who are retiring.
Mr Lim had already noted last month that the local workforce was facing stagnation.
He stated at the time that between 2010 and this year, local labour-force growth was 1.7 per cent every year.
That’s a drop from the 2.7 per cent growth per year, seen in between the years 2006 and 2010.
Mr Lim has cautioned that “local manpower will be harder and harder to come by” and urged
He has also highlighted the issues of underemployment – whereby workers cannot find jobs that match their needs and skills – and structural unemployment – workers not being able to match up to transformation in different industries.
Ron
January 29, 2016 at 9:12 pm
I hope minister have good, factual reasons for this catastrophic results.
Anonymous
January 29, 2016 at 11:18 pm
Maroon
Singaporean
February 2, 2016 at 12:52 pm
Marron is the best u can do 4 local get the job only 100 4 local and the rest 31, 700 job 4 foreigners is because there have skill if there have skill y not there work at there country y not ur work just give to foreigners n what u will feel
Edward Yuen
February 3, 2016 at 1:52 pm
We knows that we need foreign workers to fill some jobs in order to drive our economy no doubt. By looking at the figures, i just ask myself are we creating the right kind of jobs to feed our local employability. We do have available datas to understand our local manpower qualifications and skills.
Name
February 4, 2016 at 4:08 pm
Are they creating a future for the foreigners?
Are they creating a future for Singapore or Singaporeans?
31,700 to 100 ratio??? Down to retired locals??? Sometimes i wish these ministers can be in our shoes. Which all of them will fall on their furst step!