atans1

Winter’s here, and it’s an Antarctic winter

In Economy on 14/06/2019 at 6:43 am

Further to Winter is here, how big will the anti-PAP vote be?, we now know the winter is really bad.

Retrenchments rose in the first quarter of the year, driven by losses in the manufacturing sector, the Ministry of Manpower (MOM) said on Thursday (Jun 13).

According to MOM, retrenchments increased from 2,510 in the previous quarter to 3,230 in the first three months of 2019.

Read more at https://www.channelnewsasia.com/news/singapore/labour-market-held-up-in-q1-2019-retrenchments-up-mom-11622978

Stay tuned for my analysis on what the PAP govt will do to make sure that the 4G team will get 65% of the popular vote: the pass mark for bragging rights that they have the people’s mandate.

  1. More ang baos for the masses & tax kickbacks for corporates during this national day & SG200 celebrations.

    No worries man!! Current job losses & manufacturing slowdown still mild. Will need to accelerate substantially to have palpable effect in the air.

    Actually retirees & cash savers should be happy with recessions & slow economy.

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