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Wage growth outpaced productivity growth in recent years
Published Wed, Jul 11, 2018 · 09:50 PM
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 question on productivity and wage gains from Saktiandi Supaat (Bishan-Toa Payoh GRC). From 2011 to 2017, rea…
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