More and more jobs created but not enough Singaporeans to fill them
Posted in News on March 1st, 2008 by Justin Ng
SINGAPORE: The Singapore economy has been creating more and more jobs but there are not enough Singaporeans to fill them.
So companies are turning more and more to foreigners. Hence the proportion of new jobs going to Singaporeans has been falling over the years.
A Manpower Ministry study noted that in the three years between 2004 and 2006, although increasingly more jobs were created each year, those going to Singapore citizens fell from 45 percent to 40 then 37 percent in 2006.
Latest MOM numbers showed 360,700 jobs were created between 2004 and 2006. Foreigners took the largest share, clinching 156,500 jobs, with 141,700 going to Singaporeans and 62,500 to permanent residents.
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