Thursday, February 14, 2008

Singaporeans' 2007 Household Income Rose 9.6%

THE average monthly household income of Singaporeans rose by 9.6 per cent to $6,280 in 2007 - the fast growth over the last decade, spurred by better wages on the back of a robust economy and a tight labour market.
But reflecting the widening income gap, higher-income households continued to take home more pay, with higher wage increases for skilled and knowledge workers, according to a paper on key household income trends in 2007 released by the Singapore Department of Statistics on Wednesday.

So I ponder for a moment and wonder if I should walk up to my boss and asked if he has given the wrong letter on salary adjustment to me last year...

Are you the one with 9.6% ??

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