3/09/2007

good employment opportunties for singaporeans

Enough jobs for Singaporeans Lets look at some of the numbers quoted by Eng Hen in the Today paper. 173,000 new jobs were created last year. And another 90,000 jobs will be created annually over the next 5 years. Singaporeans could only filled 30,000 jobs annually. And for every 'additional foreigner brought in has resulted in three jobs being created for Singaporean workers.' What does all these mean to the employment of Singaporeans? If Singaporeans can filled in 30,000 jobs annually, then out of the 173,000, 143,000 must be filled by foreigners. Am I right or wrong? And for the next 5 years we will need to bring in 60,000 x 5 foreigners or 300,000 foreign workers to fill all the new jobs created. Correct? So from last year, 143,000 and another 5 years, 60,000, we will have brought in 203,000 foreign workers. Now comes the happy part. For every foreign workers brought in 3 more jobs will be created for Singaporean workers. So how many jobs will be created for Singaporeans as a result of this 203,000 workers? 609,000 jobs! Wow, we will have more problems don't we? Singaporeans can only filled in 30,000 jobs annually. I am just drawing a simple computation from the numbers and reasons given. It is a happy problem for Singaporeans. No Singaporeans will be unemployed. Employers will be begging Singaporeans to work. There will be more pay rises when demand exceeds supply.

3/08/2007

it will come, an economic slump

The Straits Times editorial raised a very pertinent question today as it discussed about the reemployment of the aged workforce. While the govt is planning to revitalise the employability of Dad's army, if another economic slump hits us, the first to go will still be the aged. And if we have 6.5 million people, the problem will be multiplied accordingly no matter how much assurance we are going to get. And with the world economy going in cycles, it is only a matter of when it will hit us again and how serious.

over supply of HDB flats good

Over supply of HDB flats is a good thing The building of HDB flats should be treated slightly different from commercial properties. The original objective to provide a roof over the head for all citizens is still relevant today. Too much speculation in these flats, if it leads to everyone making money will be the best. But when wild speculations lead to people losing their homes, then it can become a negative event. The appreciation of flat value should be allowed to take place gradually and not be left to the mercy of speculators. And building flats, and with some excess capacity for those needing one, should be the main objective of HDB. Not too obsessed with profits as the reason to build. People who really need a place to live and are not fuzzy about location will then be able to get a HDB flat without having to pay a ransom. Those in choice areas will fetch better value depending on market demand. Of course the over supply should not be over excessive to cost a big overhang and tying down too much capital. Let there always be flats available to the people without having to push the price beyond their means.

Medisave, a stubborn question

Until today, I am still not convince why people covered by Medishield or their own medical insurances must still have a large chunk of their money locked in Medisave. Can someone enlightened me on this? If a citizen has provided himself adequately with medical coverage, even setting aside a sum in the Medisave in case he cancels his insurance coverage, would that not be enough? Why forced people to leave excessive money in the Medisave?

national education in cyberspace

National Education in Cyberspace 40 or 50 years ago, life was simple, at least for the children. Go to school and home to play. Not many would even consider tuition. The schools were there to teach the children everything that was needed to know. And parents expectation were simple. Learn to read and write and make sure that there was no red ink in the report cards. A pass was a pass and was good enough. Today we want the teachers to become magicians, teaching the children more knowledge than ever before. Other than the 3Rs, there are the languages, the computer knowledge, the ECA, social works, how to do business, how to gamble in the stock market, how to have good EQs and IQs, how to be the best by having straight As, how to be a star sportsman or sportswoman or a musician. In other words, a supertalent in all fields. They don't even have time for their pimples. Today they need to be politically aware of national affairs as well. National education will be taught. What, from the angle of the children, would they want to spend their precious time on while growing up? Play, play computer games, hip hop dancing, dating, sports and fun. Do they have the time to do all these wonderful things that children are supposed to do? It is tough to be a child today. As for national education, why not let them go into cyberspace or visit sites like this and they will stand to learn a lot more and more interesting than what the teachers can teach them? The schools should allocate an hour a day for the students to surf the nets and explore the social and political discussions taking place, and discuss about the issues that are being posted. Now would that be far more interesting than the regurgitation of teachers from prepared text? Bring the children into cyberspace is like going live, be there and experience it.