National Trades Union Congress (NTUC) secretary-general Lim Swee Say on Friday said raising wages for the lower-income strata in Singapore would be a “very risky” move, reported The Straits Times.
“This approach is very risky,” said the NTUC chief. “What is at stake are jobs and structural unemployment. You can push up the wages of low-wage workers by 50 per cent in three years, but you cannot improve his skill, his productivity, his employability by 50 per cent in three years,” he was quoted as saying. Full story
