A flood of cheap immigrant labor – and stiff competition for manufacturing jobs from Asian neighbors like China and Vietnam – has kept keep wages stagnant for many and widened the gulf between a very wealthy minority and the island's poorest. Housing prices have skyrocketed as rapid population growth outstrips supply.At the same time, ostentatious signs of the wealth enjoyed by the elite have multiplied. That has put the government under pressure to loosen its tightfisted stance on welfare in the next national budget Friday as it tries to defuse criticism its policies have worsened the plight of ordinary Singaporeans. Full story
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Stagnant wages, immigration fuel Singapore squeeze - The Seattle Times
Stagnant Wages, Immigration Fuel Singapore Squeeze - ABC News
