by Chris Kuan
If foreigners are stealing our lunch, one supposes that Prime Minister Lee Hsien Loong's government has licensed them to do so. Or is this wrong?
Oh, and our young men spend nearly two years keeping them safe stealing our lunches. On the other hand, can't see any foreign governments licensing us to steal their citizens' lunches, can you?
And talking about stealing our lunch. We now have direct evidence of the true employment picture for Singapore.
Diving deep into Ministry of Manpower (MOM)'s latest statistics to come up with this:
- Overall Unemployment Rate - 2.3%,
- Unemployment Rate for Residents (PR + Citizens) - 3.2%
- Citizen Unemployment - 3.5%
There are 74.4k unemployed residents of which 67.1k or 90% are citizens.
We do not yet know the total number of unemployed persons at the end of Q1 2017. MOM is not making this easy.
But using the labour force statistics as of Dec 2016, then the 2.3% unemployment rate translates into 84.5k of foreign workers, PR and citizens.
This infers that Singaporeans make up nearly 80% of the unemployed and unemployed foreign workers make up less than 1% of the non-resident work force.
This confirms what many people feel about the unemployment situation of Singaporeans vis a vis PRs and non-resident (or foreign) workers.
It is little wonder that the Straits Times used the lowest number the 2.3% overall unemployment in its article of the PM's May Day speech. It obscures the much higher unemployment rate for Singaporeans.