Foreign PMETs not displacing local ones

Singapore

FOREIGN professionals, managers, executives and technicians (PMETs) are not displacing local PMETs in Singapore's job market, clarified Manpower Minister Tan Chuan-Jin in a blogpost.

This was in response to mainstream media reports a few days ago highlighting the growth of Singapore's foreign workforce over the last four years, which raised concerns over foreign competition for PMET jobs vis-a-vis locals.

In his blogpost, Mr Tan pointed out that the unemployment rate of Singaporean PMETs remained low at 2.9 per cent last year. Meanwhile, the real median income - adjusted for inflation - of Singaporean PMETs grew by about 2 per cent per year between 2009 and 2014, while those o…