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01-05-2016, 08:40 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
PM Lee's May Day rally speech: What you need to know
Every year in May, it is a custom for our Prime Minister to deliver his May Day Rally, and this year is no exception. Held at D'Marquee, Downtown East this year, the May Day Rally saw PM Lee sharing several important notes with regards to the current state of the labour workforce in Singapore.
For the benefit of those of you who may have missed the broadcast, here are the key points that PM Lee highlighted:
Singapore is not spared from the global economy downturn
Most of us know now that the current global economy is on a slowdown, and this has many countries on edge. Singapore is no exception, and we join the major economic blocs, whom are facing problems too. Port, Marine, Oil and Gas and Electronics were cited by PM Lee as examples of industries that have been harder hit. On the flip-side, Infocomm Technology, Finance and Insurance, Healthcare and some others have reasons for optimism, with investments and job growth. As these changes are driven by globalisation and technology, it is something all countries go through, not just Singapore. So, the PAP government is still the best in the world, thus deserving higher compensation to get 'talents' to serve.
People are still losing jobs
In Singapore, we are still seeing ongoing retrenchments. Those suffering from the fallout may have difficulty finding another job due to mismatched skill-sets and expectations, with older PMETs (Professionals, Managers, Executives and Technicians) a major concern. While job growth has slowed, there are still more jobs than job seekers, with a shortage of workers. Singaporeans cannot afford to be choosy; a low paying job is better than no job. Singaporeans must accept their station in life, the PM did not have the guts to say publicly.
PM Lee also pointed out that our unemployment is still low and Singaporeans are less likely to be retrenched as compared to foreigners. That is the story the PAP will keep telling sinkees; it is the only 'feel-good' message that they can convey. Of course, the reality is that more sinkees will be laid off than foreigners.
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?229000-The-May-Day-Rally-speech&goto=newpost).
PM Lee's May Day rally speech: What you need to know
Every year in May, it is a custom for our Prime Minister to deliver his May Day Rally, and this year is no exception. Held at D'Marquee, Downtown East this year, the May Day Rally saw PM Lee sharing several important notes with regards to the current state of the labour workforce in Singapore.
For the benefit of those of you who may have missed the broadcast, here are the key points that PM Lee highlighted:
Singapore is not spared from the global economy downturn
Most of us know now that the current global economy is on a slowdown, and this has many countries on edge. Singapore is no exception, and we join the major economic blocs, whom are facing problems too. Port, Marine, Oil and Gas and Electronics were cited by PM Lee as examples of industries that have been harder hit. On the flip-side, Infocomm Technology, Finance and Insurance, Healthcare and some others have reasons for optimism, with investments and job growth. As these changes are driven by globalisation and technology, it is something all countries go through, not just Singapore. So, the PAP government is still the best in the world, thus deserving higher compensation to get 'talents' to serve.
People are still losing jobs
In Singapore, we are still seeing ongoing retrenchments. Those suffering from the fallout may have difficulty finding another job due to mismatched skill-sets and expectations, with older PMETs (Professionals, Managers, Executives and Technicians) a major concern. While job growth has slowed, there are still more jobs than job seekers, with a shortage of workers. Singaporeans cannot afford to be choosy; a low paying job is better than no job. Singaporeans must accept their station in life, the PM did not have the guts to say publicly.
PM Lee also pointed out that our unemployment is still low and Singaporeans are less likely to be retrenched as compared to foreigners. That is the story the PAP will keep telling sinkees; it is the only 'feel-good' message that they can convey. Of course, the reality is that more sinkees will be laid off than foreigners.
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?229000-The-May-Day-Rally-speech&goto=newpost).