Labor Market In Singapore

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Title: Labor Market In Singapore

Essay Details:

Subject: Social Issues

Author: Marie G

Date: December 22, 2012

Level: University

Grade: B

Length: 8 / 2294

Essay text:

Singapore is now a popular export-manufacturing base, regional headquarter for foreign multinational company and a financial centre (Chia 2005). The industrial structure has also progressed from a labor intensive export manufacturing to a capital and technology intensive manufacturing, which hence provided capabilities to compete globally not only for its cost and efficiency but also for its innovation and creativeness (Chia 2005). Other crisis which also left a mark in Singapore’s employment structure were namely, the 1997/8 Asian economic crisis, the 2001 global downturn, the grow of terrorism and the 2003 SARS outbreak (Employment trend and structure, 2004)...

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