The Star Malaysia

Cost of living and job security top concerns of Singaporea­ns

- — The Straits Times/Asia News Network

SINGAPORE: The cost of living and job security amid a slowing economy are the top concerns of Singaporea­ns, according to an annual government survey conducted ahead of the nation’s Budget 2017 announceme­nt.

“Many were concerned with the high cost of living in Singapore and remarked that this deterred some young Singaporea­ns from having big families or even starting families,” said a media release from government feedback unit Reach yesterday.

Respondent­s gave a number of suggestion­s to create a more conducive environmen­t for raising fami-

Reach

lies, with one asking for Central Provident Fund top-ups to be granted to a woman after giving birth.

Other ideas include increasing parenthood incentives by giving more baby bonuses, improving work-life balance by making flexible work arrangemen­ts more common, and making home ownership more achievable by reviewing the cost of a flat and time taken to get one.

A “significan­t number” also called for more financial assistance to low-income families and the elderly, including higher infant, childcare and healthcare subsidies, utility and tax rebates.

“Others urged the Government not to forget the sandwiched middle-class and appealed for assistance for this group,” Reach said.

On jobs, there were a variety of concerns.

Workers aged 45 and above wanted more help to remain employable while young Singaporea­ns were stressed about getting a job upon graduation given the gloomy economic outlook.

Some also said there was a mismatch in jobs and skills, particular­ly in the IT sector. But respondent­s were divided on the reasons for the situation, with some believing that there is a lack of white-collar jobs.

“Others felt that Singaporea­ns were just being ‘choosy’ and that a more realistic attitude was required; while some groused that the education system’s emphasis on rote learning and the lack of technical skills was the cause of the gap,” Reach said.

Singaporea­ns also felt that employers need to be more supportive of their workers who want to seek training, with some saying that it should be mandatory to send employees for a minimum number of training hours annually.

Nearly 8,000 Singaporea­ns took part in the survey conducted between Dec 5 last year and Jan 13 by Reach and the Finance Ministry.

Finance Minister Heng Swee Keat will deliver the Budget during the Parliament sitting next Monday.

Others urged the Government not to forget the sandwiched middle-class.

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