You are here

Median household income surges for low-wage workers

28.jpg
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.

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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes