According to data compiled by Bloomberg. Singapore’s annual jobs growth  may halve in the coming years from a 2007 peak as the island widens a  clampdown on foreign workers, Bank of America Corp. estimates. According to the Bloomberg article, the shortage of labour is set to worsen as Prime Minister Lee Hsien Loong pursues a four-year campaign to reduce the reliance on foreign workers, whose  growing presence pushed up home prices and much frustration among Singaporeans. The government may tighten rules on  hiring non-Singaporean medium-skilled workers after previous measures  restricted cheap overseas labor.

Local young graduates' altitude Well, as a matter of fact, I am not surprised at all by the research. In any case, it vindicated my observation of the young Singapore professionals' altitudes nowadays. I have encountered newly minted graduates complaining their wages are low ($3500) and I have heard of stories of local SME employers who were