Jobless rate down

Rock^Star SG

CNA reported that:

1) Singapore's jobless rate fell to an all time low in the second quarter
2) Employment rose 61,900 at the same time

http://www.channelnewsasia.com/stories/singaporelocalnews/view/291348/1/.html

MOM's report stated:

1) An estimated 79,600 residents* were unemployed in June 2007, up from
the seasonally adjusted figure of 63,000
2) Manufacturing posted gains of 16,600....construction increased its workforce by 11,400

* - residents refer to Singapore citizens and PRs

http://theonlinecitizen.files.wordpress.com/2007/07/mom-2nd-q-report.pdf

What can one deduce?

Manufacturing and construction industries have always been an attractive ground for foreigners.

More Singaporeans are becoming unemployed but the jobless rate still fell due to the larger number of foreigners coming in for employment.

The power of statistics and how it may deceive.

For more reading, go to Leong Sze Hian's post.

http://theonlinecitizen.com/

Leong Sze Hian has 5 degrees and 13 professional qualifications. A Wharton Fellow, alumnus of Harvard University and the United Nations University International Leadership Academy, he has served as Honorary Consul of Jamaica, President of the Society of Financial Service Professionals, Representative of the Inter-American Economic Council, Chairman of the Institute of Administrative Management, and founding Advisor to the Financial Planning Association of Indonesia. He has been invited to speak more than 100 times in over 15 countries on 5 continents, authored 3 books and quoted over 700 times in the media.

bigmouthjoe SG

The power of the Singapore media, their lies and manipulation…

NewAge SG

wonder why rock wrote the guys credential

Fingolfin_Noldor SG

Because nitwits like that Republitard Bull and the dead Zebra and the Parasitic fungus love to attack someone's credentials.

That aside, all these figures are meaningless without the relevant details, and all they harp about is what their interpretation is.

Of course, the Village Idiots don't know how to read statistics, and some crumbs is enough to give their a "high".

Atobe SG

Big deal that Channelnews Asia announced that ''the jobless rate fell to a seasonally adjusted 2.4 per cent in the second quarter'' of 2007.

Should this hoopla even be made when the end-2005 unemployment rate was reported in Page 4 the IMF Country Report to be 2.5%.

Is there any great tectonic shift in unemployment with just a mere 0.1% difference after 18 months ?

Either this is one more effort to build up the ''good feel'' spirit leading to the Big National Hoopla, or another useless reason to justify for the atrociously obscene wage increases to the Cabinet Ministers and the Civil Service.

maurizio13 SG

There are lies, damned lies and statistics. -- Mark Twain

Mr. Green

HyperFocal SG

*sigh*...

These Instant Noodles are served non-stop....

reddressman SG

Anyone of you singaporeans know what is the unemployment / employment rate?

Yes, news reported some figures. But if you open the eyes wider, its not difficult to find that it only shows unemployment rate for RESIDENTS.

As already pointed out in this thread by one of our dear forummer, RESIDENT = PR + Citizens.

Why no figure shown to public on how many citizens are unemployed ?
How many citizens occupied the jobs created?
How many of these jobs created went to the PR who are not citizens?

Has the opposition raised this question?

Why show unemployment / employment rate consisting of PR?

Why the people still do not know the answer?

I do not feel comfortable not knowing the truth.

We should be held responsible for the Truth.

We need the Truth in order to know the Reality.

I hope our opposition can press for the answer.

Does no one deserve the answer?

HyperFocal SG

The REALITY is... the government doesn't want us to know the TRUTH - not because we can't handle it, but it's the government who can't handle or face it.....

<Precious> SG

You believe arh?
Shocked Shocked Shocked

If you treat a handicapped in a wheelchair selling tissue paper as "entrepreneur", sure! Laughing

* Sees an unemployed man fillling a form and writing 'Debtor" at the space meant for Occupation.........* Evil or Very Mad

reddressman SG

Dear Friends,

Do you agree that we as democratic citizens are responsible for how the country is behaving?

If so, with this responsibility , what can we do?

I do the following:

1. Educate people I know that we as democratic citizens have the responsibility for our own future and should contribute our own effort in
realising this. If we fail to achieve this, if we kpkb again, we must admit that we are also partly responsible for the situation.

2. Take on the responsibility to educate people that Honesty and Transparency are basic expectations of democrats like us.
Democracy cannot run by itself , a concept. Its all about the PEOPLE. What you want is what you can expect to get. If you fail to expect, you simply will not get what you want. As simple as that.

3. Admit that no matter how tough is the situation, how mission impossible the situation appears to be, everything is actually ultimately in the hands of
the PEOPLE. The people should be encouraged to believe in themselves and what they can do. If our country is not a democracy, what I said will not make sense. But it is. Its up to every tom and dick to uphold the Truth.

Fingolfin_Noldor SG

1. Indeed sir, in fact, statistically speaking, the fact that 66% of the people who voted, voted for the PAP is telling. It is indeed a large enough sample size for us to gauge the general feel of the population and indeed a lot of people support the government one way or another.

2. Educating is difficult when most show apathy about political issues and those that do try to keep their heads down and avoid unnecessary trouble.

It is the reality of the situation, and going by the sheer idiocy we are getting in this forum, there are certainly lots of ostriches/idiots/Village Idiots around.

3. I think the reality is quite bleak no matter how we look at it. The PAP is well entrenched with the heads of the civil service supporting it near completely, it is hard to find some way to break the Govt's hold on the truth. However, most people are content with selling their brains off to the Govt so that they can concern themselves with their own problems.

de_middle SG

they ought to go library, community centres, changi airport......full of jobless pple on weekdays Sad

reddressman SG

Sir, are you saying that you have given up?

I am convinced that many know and heard about the word democracy. But I doubt many of them know what it truely means.

Education is key.

People also lack a sense of Righteousness.

Blinded by money. A culture of shallowness is not desirable nor pleasant to have.

1st world country but 1st world mentality?

Gazelle SG

how do you know they are jobless?

Rock^Star SG

Leong Sze Hian's articles always make a lot of sense. People who visit the forum are encouraged to read his articles in www.theonlinecitizen.com

His credibility is further backed up by his vast experience and education.

pinkish purple papayas SG

For the past 2 weeks, 156th media everyday say good things, like high employment rates, high tourist income, more richer people, boom market, property upbeat, lesser crime, happy singaporeans etc etc..

Cause national day coming mah...bear with it for another 2 weeks before this slimmers down...

Our dear PM LEE wants a standing ovation on his national day rally speech mah.. Rolling Eyes

Mat Toro SG

i think you guys love to play ostriches.

walesa SG

Originally posted by pinkish purple papayas:
For the past 2 weeks, 156th media everyday say good things, like high employment rates, high tourist income, more richer people, boom market, property upbeat, lesser crime, happy singaporeans etc etc..

Cause national day coming mah...bear with it for another 2 weeks before this slimmers down...

There's a reason why this regime is ranked 154th for press freedom, isn't it? In fact, the closer a regime is to DPRK on the press freedom stakes, the more humorous and unbelievable their stories get.

The thrash available here is on its way to usurping Asterix for entertainment value. Laughing

Originally posted by pinkish purple papayas:
Our dear PM LEE wants a standing ovation on his national day rally speech mah.. Rolling Eyes

Your Dear Leader will have sufficient minions, cronies, dogs, gazelles and other animals as part of his honoured guest list - you needn't worry for him.

Rock^Star SG

You must be fcucking blind then to miss out on the first post of this thread.