[watchfirst9]

The govt considers those who are unemployed for more than 6 months as retired or no longer interested in looking for a job. This keeps our unemployment numbers unrealistically low. 

Resident Participation ratio is dipping 1.4% lesser, despite raising of retirement age  
https://stats.mom.gov.sg/Pages/Labour-Fo...Table.aspx
https://www.straitstimes.com/singapore/p...-65-and-70

as 
population.gov.sg/media-centre/articles/population-in-brief-2023-key-trends/
The Permanent Resident (PR) population increased by 3.7% from 0.52 million in June 2022 to 0.54 million in June 2023. 
we can assume PR workforce could be also rising 
Govt will need to be reach out to old, sick, structure issue workers
if they want a beautiful election.