10 Sep '11, 2am

good insight into birth rate and foreign 'talent' influx issue

good insight into birth rate and foreign 'talent' influx issue

If you watch the video I put up in the last posting, you will hear Mr. Lee explaining why we need so many foreign workers because our TFR (Total Fertility Rate) has fallen to 1.01 per couple. He said that Singaporeans needs 60,000 foreigners per year to keep our workforce young and if we have a TFR of 1.80 we can do with a much smaller influx of about 20,000. Then he turned to Joan Sim to ask her if she has a boyfriend and when she will complete her PhD as if people like her are to be blamed for the need for foreign workers. Over the years the explanation for why we need such a large influx has morph from Singaporeans refusing to do certain jobs, Singaporeans lack certain skill sets and now it is blamed on Singaporeans' low fertility rate. Here is the chart of the fertility rate in Singapore: In order to maintain a stable population with a constant profile you need a TFR o...

Full article: http://singaporemind.blogspot.com/2011/09/why-using-curre...

Tweets

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