Low-income earners in SG will face the lowest growth in wages - Printable Version
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Low-income earners in SG will face the lowest growth in wages - Scythian - 04-08-2022
"Low-income earners in Singapore will face the lowest growth in wages and the biggest jump in household expenses as inflation rises, according to research by DBS bank.
Wages for those earning less than 2,500 Singapore dollars ($1,815) a month rose by only 2.5% between May last year and this year, the study showed.
Expenses for Singaporeans earning less than S$2,500 grew 13.8% between May 2021 and May this year 5.6 times more than their income growth of 2.5%, the study showed.
Inflation in Singapore hit a 13-year high of 4.4% in June, a 0.8% increase from the previous month."
K
RE: Low-income earners in SG will face the lowest growth in wages - Scythian - 04-08-2022
"Average Salary in Australia (2022)
The average weekly earnings for all employees in Australia is AU$1,305 (or AU$67,860 per year), according to the latest figures from the Australian Bureau of Statistics (August 2021).
The average weekly earnings for full-time workers is AU$1,737 (seasonally adjusted)."
RE: Low-income earners in SG will face the lowest growth in wages - Alice Alicia - 04-08-2022
Meanwhile the rich gets richer and banks making record profits.
Robbing the poor to pay the rich - that's pap robbinghood policy.
RE: Low-income earners in SG will face the lowest growth in wages - Scythian - 04-08-2022
(04-08-2022, 06:05 AM)Alice Alicia Wrote: Meanwhile the rich gets richer and banks making record profits.
Robbing the poor to pay the rich - that's pap robbinghood policy.
1% of Singaporeans controlled 34% of the country's wealth.
RE: Low-income earners in SG will face the lowest growth in wages - Scythian - 04-08-2022
(04-08-2022, 06:05 AM)Alice Alicia Wrote: Meanwhile the rich gets richer and banks making record profits.
Robbing the poor to pay the rich - that's pap robbinghood policy.
World's Crony Capitalism Ranking
No. 3 Singapore
RE: Low-income earners in SG will face the lowest growth in wages - Rainforest - 04-08-2022
Lol robbers in disguise everywhere