Median household income surges for low-wage workers

Singapore

MEDIAN resident household income from work jumped 4.9 per cent in real terms last year, higher than the 3.8 per cent average from 2010 to 2015 - courtesy of a tight labour market, a CPF-rate hike and a dip in inflation.

The biggest jumps were made in the lowest 20 per cent of households; the lowest decile posted a 10.7 per cent growth and the second lowest, 8.3 per cent, showing that the ongoing efforts to raise the pay of low-wage workers were working.