Low-wage workers are:
- who form 20 per cent of the workforce in Singapore
- who earned S$1,200 or less in gross monthly income
And they are earning more now compared to what they did in 2006, the number of low-wage workers has also gone down.
- Salary of S$1,200 in 2006 saw their salary go up by 9% to S$1,310 last year
- The number of low-income employees has fallen from 360,000 in 2006 to 300,000 in 2008.
But on the foreigners, Mr Gan says:
"To keep the foreigners out may be very appealing to the locals, but it may not be the right approach for Singapore in the long term because it will then undermine the basic economic fundamentals. And if we do so, it will affect our long-term economic position."As reported at Channel News Asia.
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