Sunday, October 16, 2016

Lim Swee Say – Job mismatch a serious problem

In an article in the Today paper on 11 Oct titled ‘Govt paints dire picture of mismatch between jobs and skills’, ‘…Lim Swee Say cautioned that the low jobs growth could persist and Singapore faces the prospect of rising unemployment if it does not minimize the job skills mismatch and strive for quality economic growth. With the number of locals seeking work far outstripping the number of jobs added by “many things” last year, Mr Lim stressed the need to “maximise the connectivity between job opportunities and job seekers.”’

What is the problem? Mismatch of job and job seekers? Why mismatch? Aren’t the job seekers the products of world best universities, top, top universities? Why got mismatch? Whose fault is it if top, top universities produced graduates that could not match the job opportunities in the market?

Why are the products from Indian universities got no problem with job mismatch? Should not the MPs raise this question in Parliament? Should not the MP recommend the closing down of our world best universities that are producing graduates that could not fit into the market, mismatch? Should not the MPs recommend that we send our young to be educated in Indian universities so that they would not be mismatched and be employable in our job market?

Who is at fault? Who is in charge and responsible for producing graduates that are needed in the market? No is one responsible? No one responsible for our world best university education with world best fees and ended up mismatched?

What is happening? Just shout job mismatch and no not my problem any more. Surely someone must answer to this fiasco. So much money wasted and so much time wasted and our young graduates at a lost, mismatch after spending all those years in the world’s best universities run by the best foreigners money can buy? Should someone be held responsible for ruining the lives of our young graduates, for ruining the hopes of their parents?

Monday, October 10, 2016

A post on Singapore Education in TRE

Read this article then you will understand the ridiculous stress & large financial expenses that young S’porean students & their parents are subjected to. I can understand if parents think that it’s an investment for their children, but in today’s technologically-driven environment, would such investments pay back in the future given the foreigner influx & the poor job creation situation in Singapore.

The education process in Singapore is so stressful, expensive & time-consuming but is it worth in terms of payback? Frankly, NO! S’pore’s educational system is not state-of-the-Art!

Back between 1980s to 1990s, a degree would have meant lots of jobs, high pay & no waiting period between leaving a job & finding another. Educational investment then would have been worthwhile but it was only at best an exceptional decade of payback.

Post-2000s, many became unemployed; underemployed or forced into early retirement! Today, many could only think about the good old days which are never coming back! – Many PMEs made redundant Post-2000 spent monies retraining & taking courses only to find themselves competing against hordes of foreigners willing to undercut in terms of salary.

They thought it was cyclical but it was actually a Fundamental Structural Shift! Frankly, migrating would have been a better option! – A degree would be relatively worthless these days because you would be competing against fake, forged or bought degree holders brought in through the open-door policy.

I see a lot of bright, young degree/diploma holders being reduced to touting; employed by banks to sell financial products at MRT stations to any walking person passing by! It’s a waste of talent when they should be formulating on-line websites to sell instead. But this is the nature of Singapore economy – Misusing human resources to grind out small gains by working them hard & for what?

Olympic Gold winner Joseph Schooling had to go to the US to further his swimming career at the age of 14 years old. He won Olympic Gold because he went to a State-of-the-Art system which provides leading edge training systems as well as dietitian programs designed for sports nutrition & recovery!

If you want your children to have a good education, either migrate as a family or send them abroad to the best Western schools. Otherwise, you’re just throwing money into the drain. THE EDUCATIONAL SYSTEM HAS FAILED!

*Comment first appeared on TRE.