Wednesday, February 16, 2011
Stagnant wages, immigration fuel Singapore squeeze
Huffington Post, 17 Feb 2011A flood of cheap immigrant labor – and stiff competition for manufacturing jobs from Asian neighbors like China and Vietnam – has kept keep wages stagnant for many and widened the gulf between a very wealthy minority and the island's poorest. Housing prices have skyrocketed as rapid population growth outstrips supply.At the same time, ostentatious signs of the wealth







