Leong Sze Hian has a message for ex-classmate Han Fook Kwang

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An honorable member of the Coffee Shop Has Just Posted the Following:

The first thought that came to my mind when I read Fook Kwang’s Editorial (with repeated applauding hand claps in my head), was – Ah! Is there anything that this fellow old Rafflesian (me) can help to add to his Editorial (statistics wise that is as my friends say I must be eating statistics for lunch every day)?

Well – Fook Kwang – this is one that like we used to say in school – you owe me one!

2002 to 2012 even worse?

According to my analysis of the statistics from MOM, the real Median Gross Monthly Income From Work of Full-Time Employed per annum from 2002 to 2012 was even worse, at only about 0.85 per cent (than your Editorial’s 1.3 per cent from 2000 to 2010).

Also, the MOM report released last week indicated a – 0.8 per cent decline in real wage growth for last year (you said that it was below 2011′s wage level), and the number of firms that did give the NWC’s recommendation was 3 out of 10 (a bit worse than your newspaper’s survey which found 4 out of 12 firms).

All workers vs full-time workers?
I would also like to suggest to you that you ask MOM for the statistics on “all” workers (full-time and part-time), as the analysis is based on that of the “full-time employed”. I believe the older MOM reports (like from about before more than 5 years ago) would refer to “all” workers in the narrative, which I don’t seem to be able to find in 1 summary historical table or in 1 page in recent years anymore.

I think if you ask MOM, they will give it to you. If I ask – probably not (never) – as I am a nobody – I’m just a blogger!

I suspect the “all” workers’ numbers may be even worse than the above.

Finally, I particularly liked your remarks in your opening first sentence

Ferraris ground to a halt?

- http://www.tremeritus.com/2013/06/17...d-in-50-years/


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