Is unemployment rate really going down ?

last SG · 2005-11-10T17:15:16+00:00

its not tough. they always ensure there are enough money to pay themselves.

shouyi SG

Hi,

it is reported in newspaper that the umemployment rate is going down. I am really taking it with a pinch of salt. After graduating from NUS with a MS.c degree, I have been through more than 20 interviews since May 05 and is still jobless now. I think it is a case of "too little porridge to feed the monks" (a direct translation of a chinese idioms) right here in the job mkt situation in Singapore.

Anyone got his/her opinions to share?

maggot SG

No...I'm still unemployed Neutral

crazy monkey SG

so wat ? they just create low quality job less than $1000 wats the use ?

rascallyun SG

Same boat. Sad

dragg SG

i thought you found a job?

i am still unemployed.

Embarassed

dragg SG

go to the library and see for yourself.

at bedok a lot of people are there for the free classified ads.

UandMe SG

how do they keep track of employment rate anyway? izzit some kind of unreliable statistics estimation?

maggot SG

Unreliable estimation Mad

dragg SG

more like propaganda.

robertteh SG

Please read and poll PGPB 2, 5, 25 and 26 of People's Government Performance Benchmark thread.

Then we will know how all forumers feel about this issue and whether government has done enough to create jobs.

Lowclassman SG

There are many security guard jobs, cleaners, drivers wah.....How can you guys say Government didn't take care of us?

I practising sweeping floor, mobing windows everyday, you know? So...in time to come when the gov set up a school for cleaners to upgrade on our skill...then I can score points and get distinction mah... Mr. Green With distinction I work until 85 year old. Our Government very good hor......

shouyi SG

If you speak to some management level people in the private manufacturing sector, they will tell you that there is not much manufacturing going on right now in Singapore (That is what I heard at least).

If that is the case, I wonder why governement is still advocating pple to study Engineering. Maybe government wants more R&D Engineers and that would mean Masters or even PHD levels.

For the normal Bachelor degree Engineering degree holders who intends to join the manufacturing industry, the future looks bleak in my opinion.

dragg SG

it is true.

retrenchments are still prevalent in the manufacturing sector, though not publicized. investments in these area are moving high end.

leddy SG

the unemployment statistic is accurate... it's just what kind of unemployment they are measuring. there are few kinds of unemployment...for this stats right, as long as u have a job, be it part time or not... it's considered u are employed. so as more and more highly educated ppl started to taking up part time jobs or contract jobs, the unemployment goes down.. but it does not accurately depict that a MSC degree holder is working in a job that fits his education standard.. and if u have simply given up trying to find job, u are no longer part of the unemployment statistics... so if more jobless ppl give up finding job, then these ppl will not be considered unemployment... there are certain criteria for this stats one.

that's why i never believe in stats... there's this saying that says there are 3 things u cannot believe, lies, statistics and lies. im always skeptical when someone esp those salesman or mlm ppl show off statistics... coz i know even if it's collected properly, there are loopholes and inaccuracies in the stats

dragg SG

your explanation fits perfectly. i think you are very right.

BillyBong SG

Statistics are just figures.

They are, more often than not, moulded to suit the objectives of the publisher. If the govt wishes to raise morale, they need only publish true figures extracted from reliable sources but use favourable indicators to demonstrate low unemployment.

It's just playing around with the numbers.

leddy SG

i think we should have a more global outlook... im intending to go overseas work after I graduate... the engineering jobs oversea pay well... just like what my econs lecturer said, we have to go where there's jobs... if u can't find suitable employment here, u have to go overseas...

shouyi SG

I agree with what Leddy said.

gerrykoh SG

Very true, I also don't believe in what is reported in the papers.
Best is to talk to recruitment companies/ people who are still jobless

WiNtEr'SkiLL SG

Rolling Eyes