Last month I was left scratching my head when the Strait Times reported that states that in the past 2 years the average Singaporean’s monthly earnings grew by 5.8%. I commented that my salary did not grow by 5.8% and I do not know anyone who did.
So it’s with shock and laughter when I read that according to the latest government report, low—wage workers have seen wages rise by 9 per cent. I was surprised by the 5.8% figure, but 9% increase in the last 2 years? Where in the world did the Singapore government get these figures? A 9% wage increase in the past 2 years and what’s worse is that they also reported that the income gap for the first such decline in a decade narrowed in 2008.
That I can at least understand because a 9% increase is more than a 5.8% increase. Now if only I can understand how they got these figures.