OPINION: Pressure on middle class rising - Seah Chiang Nee

Malaysia Star, 5 May 2102
SINGAPORE’S P-MET (pronounced Pee-met) – the acronym for Professionals, Mana­gers, Executives and Technicians, a flourishing group of people who make up 51% of the workforce – is under stress.
Most are, of course, university graduates or diploma holders, whose numbers and role in society had steadily increased because of strong growth and people’s determination to get higher education.
The influx of one million workers in the past 10 years included many poorer paid P-METs from India and the Philippines. Many ended up in finance, computer and multinational corporations, some of them easing out locals. Full story