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Wage growth outpaced productivity growth in recent years

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Real wages rose faster than productivity in recent years, even though real wage growth should track productivity growth over the long run to be sustainable.

Singapore

REAL wages rose faster than productivity in recent years, even though real wage growth should track productivity growth over the long run to be sustainable.

The observation was made by Senior Minister of State for Trade and Industry Koh Poh Koon yesterday, in reply to a

sentifi.com

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