Saturday, April 25, 2009

Retrenched: Singaporean first to go


according to the press release by MOM on 24th April 2009,

Redundancies in 2008 rose faster in percentage terms for foreigners (153%) than locals (72%).

Although locals formed the majority for 61% of the redundancies in 2008, their share came down from 70% in 2007.

Correspondingly, the foreign share of total redundancies rose to a new high of 39% in 2008, slightly more than the proportion of foreigners in our workforce which was 36% as at December 2008.


it meant in 2007, singaporean formed 70% of the retrenched while foreigners only 30%.
in 2008, singaporean still occupied 61% while foreigners 39%


face the truth.

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