A more accurate measure of unemployment rate needed
#1

The Ministry of Manpower must adopt a more accurate measure of the unemployment rate in S'pore. The proportion of the adult labour force that is actively seeking employment, but is not presently engaged in productive work appears to be under-reported. Such data is estimated and based on surveys of a representative sample of households. 

These measures of economic activity in a dynamic economy are not without flaws, as they do not rely on data collected by the Central Provident Fund, Inland Revenue Authority of Singapore or even career centres operated by the community development councils.
To compound matters, displaced workers probably do not qualify for any financial assistance from the authorities, so the likelihood of them going under the radar is high.

Such methods of deriving statistics cannot accurately measure the intent of residents who are out of work.
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Messages In This Thread
A more accurate measure of unemployment rate needed - by EvertonDiehard - 21-02-2024, 10:41 PM
RE: A more accurate measure of unemployment rate needed - by Blasterlord2 - 21-02-2024, 11:20 PM
RE: A more accurate measure of unemployment rate needed - by Scythian - 22-02-2024, 12:13 AM
RE: A more accurate measure of unemployment rate needed - by EvertonDiehard - 22-02-2024, 08:55 AM
RE: A more accurate measure of unemployment rate needed - by victortan - 22-02-2024, 12:03 AM
RE: A more accurate measure of unemployment rate needed - by Scythian - 22-02-2024, 12:21 AM
RE: A more accurate measure of unemployment rate needed - by EvertonDiehard - 22-02-2024, 08:51 AM
RE: A more accurate measure of unemployment rate needed - by EvertonDiehard - 22-02-2024, 08:46 AM
RE: A more accurate measure of unemployment rate needed - by Scythian - 22-02-2024, 12:26 AM
RE: A more accurate measure of unemployment rate needed - by grotesqueness - 22-02-2024, 12:41 AM
RE: A more accurate measure of unemployment rate needed - by Ola - 22-02-2024, 08:21 AM
RE: A more accurate measure of unemployment rate needed - by EvertonDiehard - 22-02-2024, 08:49 AM
RE: A more accurate measure of unemployment rate needed - by Ola - 22-02-2024, 09:02 AM
RE: A more accurate measure of unemployment rate needed - by EvertonDiehard - 22-02-2024, 09:08 AM
RE: A more accurate measure of unemployment rate needed - by RiseofAsia - 22-02-2024, 09:49 AM
RE: A more accurate measure of unemployment rate needed - by forum456 - 22-02-2024, 09:35 AM
RE: A more accurate measure of unemployment rate needed - by EvertonDiehard - 22-02-2024, 09:41 AM
RE: A more accurate measure of unemployment rate needed - by forum456 - 22-02-2024, 10:17 AM
RE: A more accurate measure of unemployment rate needed - by Levin - 22-02-2024, 09:51 AM
RE: A more accurate measure of unemployment rate needed - by EvertonDiehard - 22-02-2024, 10:30 AM
RE: A more accurate measure of unemployment rate needed - by Levin - 22-02-2024, 12:08 PM
RE: A more accurate measure of unemployment rate needed - by RiseofAsia - 22-02-2024, 09:59 AM

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