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labour force growth

Labour market

Real median income growth halved to 2.2% in 2019: MOM report

SINGAPORE (Nov 28): Real median income growth of full-time employed residents in Singapore has slowed to 2.2% in 2019, falling sharply from the 4.4% growth recorded in 2018, according to an advance labour force report released by the Ministry of Manpower

Labour market

Businesses urged to embrace sustainable employment for PMETs, vulnerable groups amid labour challenges

SINGAPORE (Nov 26): Job market disruption, an ageing population and stagnant wages in certain lower income sectors are some of the biggest challenges facing Singapore’s labour market, according to the Singapore Business Federation (SBF).
Ravi Menon

Careers & Training

Singapore must accept slower rate of labour growth: MAS' Menon

SINGAPORE (Jan 22): Slower rates of labour force growth in Singapore are unavoidable, the city-state's central bank head said on Monday, and any attempt to completely offset it by increasing foreign workers is "neither feasible nor desirable".
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