07 May '12, 10pm

A governmental policy of easy immigration and a lack of union pressure keeps low wage worker salaries low.

It hit me yesterday that we are at risk of brandishing the term “productivity” as if we truly understand what it is and, more importantly, how it is measured. It is a very technical thing, and from what I understand, there are serious difficulties in measuring it. I myself am in no position to explain it to you. But I am given to understand that while methods for determining Total Factor Productivity are reasonably advanced and established at the level of national accounts, they can get devilishly difficult at sectorial or industry levels. Even more so at the level of a company. And yet, the prime minister’s rejoinder to economist’s Lim Chong Yah’s idea to raise the wages of low-income workers by 50 percent over three years, was to link the wages of lower-level workers to productivity gains. But I do not agree with his drastic approach because the only realistic way to lif...

Full article: http://yawningbread.wordpress.com/2012/05/08/in-a-market-...

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Read my thoughts on the minimum wage policy here

Read my thoughts on the minimum wage policy here

1malaysia.com.my 07 May '12, 3pm

As a country we have made great progress in recent years. Our economy has grown, our exports have increased, and our skill...

Staying Switched on with BRAND’S® Essence of Chicken! xx

Staying Switched on with BRAND’S® Essence of Ch...

sarahs-loft.com 07 May '12, 3pm

has become a daily aspect of my life, because it helps me stay ‘Switched On’ through the long day. I start my mornings at ...

Why aren’t women’s issues on the agenda at Rio+20?

Why aren’t women’s issues on the agenda at Rio+20?

grist.org 08 May '12, 7pm

Please support our fine nonprofit! Help us with a small deposit. (Why are we rhyming in phrases so terse? Grist’s been cur...

File: HAML_REFERENCE:

haml-lang.com 07 May '12, 8pm

The encoding to use for the HTML output. Only available in Ruby 1.9 or higher. This can be a string or an Encoding Object....

@lovechokyulate @shannonzhang89 @GabbyYabby can i suggest this, looks good

@lovechokyulate @shannonzhang89 @GabbyYabby can...

camemberu.com 06 May '12, 5pm

Oops, about to go and try this Wednesday with my family. Thought they should be good because it is operated by Japanese co...

Workers need a salary hike to help cope with th...

todayonline.com 06 May '12, 9pm

SINGAPORE - Human resource practitioners have backed the labour movement's call for salary increments this year to be buil...

UK Energy & Climate Change Minister Leads Low-C...

altenergymag.com 07 May '12, 11pm

UK Energy & Climate Change Minister Leads Low-Carbon Mission to United States British companies join UK Energy Minister Gr...

More low-income union members eligible for assi...

channelnewsasia.com 06 May '12, 11am

SINGAPORE: From 7 May to 10 June, low-income union members can apply for S$3 million worth of discount vouchers to help th...

Energy supplies and climate policy

Energy supplies and climate policy

theoildrum.com 07 May '12, 9am

What this tells us is that there is no magic climate-policy wand that will let us set the total fossil-fuel production in ...

#peakoil Peak Oil: Net Exports Aren’t Everything: I think everyone’s wallet should have convinced them by now th...

#peakoil Peak Oil: Net Exports Aren’t Everythin...

peakoil.com 29 Apr '12, 1pm

Peak Oil: Net Exports Aren’t Everything I think everyone’s wallet should have convinced them by now that the days of cheap...

Minimum wage will create black market for cheap...

todayonline.com 04 May '12, 4am

KUALA LUMPUR - Putrajaya's minimum wage policy will lead to surging unemployment, "black market" labour and inflationary p...