Jobless Rate Is Too Low, Only 2.5%
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you sure it always greener? i don't think so, how long have you been living in singapore and how long you been living in another country? initally you may think it greener, but as time goes by all the sht issue on goverment policy will come into play again.Originally posted by Calvin86:I guesss the grass on the other side is always greener and oppourtunites are better. If you go to a foreign country everything is new and novel,culturally usually they are also more vibrant.
Most of the PRCs i met overseas still have strong attachement to their country. Singaporeans are more cold hard logic oriented. Our roots to the country are weak so we analyze the best deal for us and go.
i have aussie friends that can give me a whole list of thing they are against of their goverment, it won't lost out to singapore and have friends who are pr in australia too and complain that there no bonus very little pay increment expensive rental etc. hmmm so greener pasture it really doubtful.
it a matter of what you prefer i guess cos no matter where we go, as time goes by it may or may not be as good as what we think it is intially. more like people are seduce by the good things while blinded by the bad things of another countries until they encounter themselves.
maybe alot of ppl are weak when it come to the root to the country, but for me, my family is here and i enjoy my life in singapore much better then i enjoy my past 4 years of my life in australia.
i prefer to say it as ni kan wo hao, wo kan ni hao. -
2.5%????
Don't tell another report like former NKF's CEO reported 3000 patients instead of 2000 patients to the parliament? This is singapore.................pap -
They already said that the reduction was due to the change in methodology of calculating the unemployment rate. Foreign workers were added to the total labour force thereby creating a larger base of workers and hence a smaller unemployment rate.Originally posted by Lowclassman:2.5%???? Don't tell another report in vain like former NKF's CEO report 3000 patients instead of 2000 patients? This is singapore.................pap
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I have been living in australia for a few years now . Do you really think I don't know how the system works?Originally posted by strikefreedom:yeah abt the medicare it may be so, but for housing, if you go to any of the rental company, there are still many people that can't afford their own housing so yeah ppl that can afford will get a free hold, but what about those that cannot afford? in singapore how many ppl don't have their own houses as compare to australia?
as for the uni fees, i have friends that are PR and grumble when they have to pay the fees back on top of the tax and some of them are struggling with such a huge chunk of paycheck going into payment. also most of them went back to their countries after study as they can't afford such a high repayment.
as long as you are a citizen or pr you are entitled to use HECS to defer the fees until you start work and not when you are doing well.
no doubt you get to defer, but you don't get subsidize like in SIngapore, so the good thing is we are pretty heavy subsidize but need to pay on the spot, while australia you don't get that but you get to pay when you started off. so trade off is do you want to be heavily in debts before you even start working? either way there are pros and cons to it.
tax are high, you still earn more then what you get in singapore, but think of those that do not have a degree, they don't always earn enough and don't forget in australia they always have strike to ask for increase in pay when they already have a minimun wages system in hand. and this minimum are already higher as compare to most countries.
good example is my uni lecturers do go on strike organised by unions for requesting more wages during the peak period of uni.
finally, the things in australia is expensive too, like eletronics good, computer etc are way much more expensive then other countries. the only cheap thing perhap is the car which i really envy of the price that they are paying. but wel in australia you can't live without one like in singapore.
anyway as i said before there is no perfect country to live in, it all depend on what is our piority in life and if ppl think that money is their main piority then maybe singapore is not a place for them. each pros come with it own package of cons so there no such thing as perfect, we just have to work our way around it.
Yes there are strikes at times at work but hey I don't have a problem living on minimum wage - I started with 37k and worked myself up , once I started earning a bit too much - I just cut down to part time work or offset measures. Unions are there in Australia to protect the workers' rights not just ONLY for recreational and shopping benefits.
HECs is not an entitlement - there are limited places for students for HECs places - HAR LO ....3890 k per annum for a teaching /nursing degree - you don't call it a subsidy? 5k-6k for an arts degree ....higher end ones ( at most approx 8k per annum) are law , medicine and dentistry .
Like I said if you don't do well in high school and you don't pass the clearance mark for HECs - you don't get it. For some postgrad courses with HECs - it is dependent on your degree - my friend who is a permanent resident cannot get a HECs funded place because of his results. I got HECs because my results are good for my basic degree. HECs loans are relatively easy to pay back. The most u get for income tax is 27% and if your bracket is below 60,000 and above 38,000 - the HECs payment is an additional 3.8% - comes about 31% or so .
There are people who make it and there are people who don't. The ones who don't are the ones who go back complaining about how lousy australia is . One thing I like about Australia is that they look at merits you have earnt while working , not because you are on government scholarship . You are not condemned . Opportunity is wide if you know how the seize the chance. Let me teach you a new term now - salary packaging . Go ask your friends if they ever use it - that is what offsets the tax rate the most .
Oh ya , do you know some taxi drivers in melbourne have a few properties? So don't tell me about people suffering from a lack of degree. I know an aussie student who works part time as a clinical assistant and part time as a garden designer- that boy earns alot and he invests it . How admirable is that? Of course he is stingy with his money . Oh yeah one of my ex colleague's husband is a plumber - I don't see them having a problem with 2 houses and 2 mercedes benz. Get to know an accountant - use the bank's offer for such free financial planner etc. Many ways to cut down tax .
My ex colleague , Miko , started off as having the same pay and then rising upwards but the clever bugger actually managed to land a mortgage 50% of his property in 4 years, and oh yah he paid 50% upfront - how he did it was to see an accountant and a financial adviser and they gave him good advice on expanding his money ( we are talking a 300k property) . I managed to save 14k in 2 years , so what is the problem here? When you move , you always incur a "relocation" debt , like it or not - therefore your job must be able to pay off your debts in 3 months or else it is not a good choice of work . Be extra careful how money goes out in Australia - because I notice when I look at my bill - how much I get charge , what is taking money out from me on a regular basis etc . Go for the cheapest !
Who are you kidding? In Singapore , everything is money and who has the most money has the most say , with money I would come back and live in Singapore . In Australia , life is slower and nicer - and yeah we do earn alot better but we also have a life . Hey how would I know ? BECAUSE I WORKED IN SINGAPORE since I was 15 ( part time jobs, odd jobs , full time professional job etc) .
Thank you very much , I have seen the grass on Singapore's fields ...but no thanks - I prefer australia's -
Classic Singapore Ills
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In her 40s, back with a degree - but no job
Feb 3, 2006
The Straits Times
I WAS elated to be able to join my family for the recent Chinese New Year reunion dinner after missing the past two years' to pursue a degree in Australia.
Although I am happy to be back in Singapore, I faced an uphill task re-entering the workforce, due to my age. I am in my 40s.
Employers are reluctant to recruit older candidates because they believe such workers are not healthy and would cost them in medical expenses. I find such discrimination grossly unfair.
As the population ages, Singapore needs to keep older workers employed for longer. Older candidates should be assessed and recruited according to the same criteria as younger ones.
If this issue is not addressed soon, older job seekers would become disillusioned and leave Singapore to take up jobs overseas. It would be a shame to lose talented, able and healthy workers to other developed countries due to this age discrimination.
Why should we be penalised when we have taken up the Government's challenge to upgrade our skills and qualification?
Sharon Lee Soh Leng (Ms) -
you sure about the HECS? i have seen ppl who perform badly and yet still entitled to it and i have friends who got PR are also entitle to it when they apply for postgrad study.Originally posted by fymk:I have been living in australia for a few years now . Do you really think I don't know how the system works?
Yes there are strikes at times at work but hey I don't have a problem living on minimum wage - I started with 37k and worked myself up , once I started earning a bit too much - I just cut down to part time work or offset measures. Unions are there in Australia to protect the workers' rights not just ONLY for recreational and shopping benefits.
HECs is not an entitlement - there are limited places for students for HECs places - HAR LO ....3890 k per annum for a teaching /nursing degree - you don't call it a subsidy? 5k-6k for an arts degree ....higher end ones ( at most approx 8k per annum) are law , medicine and dentistry .
Like I said if you don't do well in high school and you don't pass the clearance mark for HECs - you don't get it. For some postgrad courses with HECs - it is dependent on your degree - my friend who is a permanent resident cannot get a HECs funded place because of his results. I got HECs because my results are good for my basic degree. HECs loans are relatively easy to pay back. The most u get for income tax is 27% and if your bracket is below 60,000 and above 38,000 - the HECs payment is an additional 3.8% - comes about 31% or so .
There are people who make it and there are people who don't. The ones who don't are the ones who go back complaining about how lousy australia is . One thing I like about Australia is that they look at merits you have earnt while working , not because you are on government scholarship . You are not condemned . Opportunity is wide if you know how the seize the chance. Let me teach you a new term now - salary packaging . Go ask your friends if they ever use it - that is what offsets the tax rate the most .
Oh ya , do you know some taxi drivers in melbourne have a few properties? So don't tell me about people suffering from a lack of degree. I know an aussie student who works part time as a clinical assistant and part time as a garden designer- that boy earns alot and he invests it . How admirable is that? Of course he is stingy with his money . Oh yeah one of my ex colleague's husband is a plumber - I don't see them having a problem with 2 houses and 2 mercedes benz. Get to know an accountant - use the bank's offer for such free financial planner etc. Many ways to cut down tax .
My ex colleague , Miko , started off as having the same pay and then rising upwards but the clever bugger actually managed to land a mortgage 50% of his property in 4 years, and oh yah he paid 50% upfront - how he did it was to see an accountant and a financial adviser and they gave him good advice on expanding his money ( we are talking a 300k property) . I managed to save 14k in 2 years , so what is the problem here? When you move , you always incur a "relocation" debt , like it or not - therefore your job must be able to pay off your debts in 3 months or else it is not a good choice of work . Be extra careful how money goes out in Australia - because I notice when I look at my bill - how much I get charge , what is taking money out from me on a regular basis etc . Go for the cheapest !
Who are you kidding? In Singapore , everything is money and who has the most money has the most say , with money I would come back and live in Singapore . In Australia , life is slower and nicer - and yeah we do earn alot better but we also have a life . Hey how would I know ? BECAUSE I WORKED IN SINGAPORE since I was 15 ( part time jobs, odd jobs , full time professional job etc) .
Thank you very much , I have seen the grass on Singapore's fields ...but no thanks - I prefer australia's
yeah you are right, but as i say there are still many local born ppl in australia that is not as fortunate as ur friends.
what i am trying to prove here is there is always two face of it no matter where it is because there is no country that doesn't have ppl struggling for a living. and there are many lazy ppl that just rely on goverment assistance for their daily life.
yeah since you prefer the lifestlye of australia and is doing good, by all mean go ahead and have ur live there cos no one will stop you from doing it. money is important, but it not everything in life. if ppl think they can do just as well in oversea then it totally fine to go ahead, but it doesn't always work out the way as what they think. -
Yes . Those who perform badly are entitled it if they go to a third tier ( meaning : no reputation) university because no one wants to get into those universities unless they are desperate enough to get a degree. Either that or they applied to do a course which not much people want to do like horticulture , rural agricultural management etc .Originally posted by strikefreedom:you sure about the HECS? i have seen ppl who perform badly and yet still entitled to it and i have friends who got PR are also entitle to it when they apply for postgrad study.
PR basis for postgrad depends on what you want to study .Bearing in mind there are 2 systems - HEC HELP and FEE HELP . Very limited post grad courses are HECs based unless the government wants to train professionals which are in shortage like teaching, public health and nursing.
If anyone tells u they are taking HECs for medicine , law and business post grad - then they are seriously BSing you or themselves because these 3 have no HECs - they do have bursaries to help the unfortunate but NO HECS.
FEE help is the stinger - it loans money to students and they pay full price ( near to international fees ) to study in the course. When taxes come , they are very very screwed because 1 year could mean anything from 12k to 30k depending on what they are doing
The group 8 universities are the first tier . -
a dark in sammyboy forum suspects that the unemployment rate is 7%:Originally posted by Lowclassman:2.5%???? Don't tell another report like former NKF's CEO reported 3000 patients instead of 2000 patients to the parliament? This is singapore.................pap
Let me an Ah LAU who takes the calculation of unemployment figure as a FULL time hobby try to break down the figures for our brothers/sisters here.
http://www.singstat.gov.sg/...
Notice that MOM says:
The Manpower Ministry says 2,317,400 people had jobs in 2005-It does not say the 2.317M people are Citizens,P.R or just foreignwers working here on permits.
Total popualtion of Spore in 2005 is 4.351 million
of which Spore citizens is 3.100 million
P.R. is about 0.451 million
Foreigners is about 0.800 million
The no of those working out of the whole population:
The Manpower Ministry says 2,317,400 people had jobs in 2005
Citizens about 1.400 million
P.R. about 0.410 million(90% of P.R. are working but 100% employmenrt rate))
Foreigners(non-P.R.) about 0.507 million(100% employment)
So it is quite obvious that this NEW figure of 2,317,400 people working consists of Citizens,P.Rs AND foreigners working here on permits,possibly excluding domestic maids which is about 0.150 million
Notice that today workers chief Lim Ah Heng just mentioned that the unemployment rae of Spore refers to Citizens & P.R.s
I notice that Ah Hen has moved one step further to even include foreign workers as well.
" Ask Ah Hen what is the actual unemployment rate of Singapore CITIZENS ONLY,Please!!!
HDB said the unemployment rate of those in HDB estates was about 7%,so I guess the actual unemployment rate of Singapore CITIZENS is about 7%,pl ask Ah Hen to confirmor deny this figure. " -
I remembered that there is this article in newspaper last year. It stated that the average income for "low income" family group should be S$3000, and these group of people are egliable for purchasing new 3room HDB flats.
Sad to say, I find it hard for a engineer (with engineering degree) after working more than 5 years could get more than $3200 if he only goes for normal 9-5 job. If his wife is not working or retrenched, his family could be immediately classified as "low income family" liao.... sad fact