XIN MSN News, 14 Jan 2013
Singapore’s productivity is well below that of the most developed countries, according to Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam.
In a Facebook post on Sunday, he noted that restaurants here are experiencing difficulties finding employees.
Mr Tharman said some restaurants have raised pay to attract part—timers during the peak Lunar New Year season.
But most still have difficulty finding people, because the overall labour market is close to full employment. Full story