The flood of foreigners?

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September 12, 2016

  1. My regular insider, ES sent me the following very interesting jobs statistics extracted from a Parliamentary reply on 14 August 2003.

1 foreign job = 9 local jobs?

From 1998 to 2002 – the employment change for locals and foreigners was 93,100 and 8,900 respectively.

This means that for every one foreign job added – nine local jobs were added.

390,300 local jobs vs 534,600 foreign jobs?

In contrast, the jobs growth of 390,300 local jobs from 2007 to 2015, was against an increase in 534,600 foreign jobs.

5 foreign jobs = 4 local jobs?

This means that for every five foreign jobs added – only four local jobs were added.

New citizens & PRs from 2007 – 2015?

Moreover,  the total number of new citizens and PRs granted from 2007 to 2015 was 174,166 and 378,740  respectively.

So, how many of the local jobs actually went to new PRs and citizens?

Looking at the above statistics – is it any wonder that there are so many unemployed and underemployed Singaporeans?

Leong Sze Hian

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About the Author

Leong
Leong Sze Hian has served as the president of 4 professional bodies, honorary consul of 2 countries, an alumnus of Harvard University, authored 4 books, quoted over 1500 times in the media , has been a radio talkshow host, a newspaper daily columnist, Wharton Fellow, SEACeM Fellow, columnist for theonlinecitizen and Malaysiakini, executive producer of Ilo Ilo (40 international awards), Hotel Mumbai (associate producer), invited to speak more than 200 times in about 40 countries, CIFA advisory board member, founding advisor to the Financial Planning Associations of 2 countries. He has 3 Masters, 2 Bachelors degrees and 13 professional  qualifications.