The underlying data PAP doesn’t want you to know – What is our unemployment rate?

When MOM publishes the 2nd quarter unemployment figures, remember that there are underlying data which the PAP would not acknowledge nor understand. Retrenchment data are only collated when companies report officially to MOM. It is also mandatory for companies to report to MOM when retrenching workers.

However, there are many workers who are not retrenched but had been put on unpaid leave till further notice. Although officially they are ‘employed’, they are akin to being ‘unemployed’ as they have NO WORK and NO PAY.

Companies are not obligated to report them as being retrenched, as their employment had not been terminated. These are underlying data which would be hidden from the public and MOM.

In addition, only companies that employ ten or more workers are obligated to inform MOM pertaining to retrenchment. In other words, retrenchments by small companies are not part of MOM collated data. So when you see the unemployment figures reported by MOM, you can be very sure that it is not reflective of the truth, and that the numbers are much much higher.

You may ask, how do you know all this? Simple, this is my bread and butter.

 

Martin Gabriel

 

 

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15 Responses to “The underlying data PAP doesn’t want you to know – What is our unemployment rate?”

  • Cotton in vagina red:

    Cotton once said in a leaked audio from chamber ckmmerce, he calls the chronees “My grassloots leaders”.

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  • Tremendous:

    This is the same as cheating the villagers. I mentioned before. They have to cheat to win. Even potential candidates from the same group know this. So much for integrity.

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  • Agreed:

    The out of jobs figures should be much higher.
    Some of them has been working without pay,less pay or on no pay leave etc and considered not retrenched by the company.
    Many Singaporean are suffering with so little support.
    Some case even working for 6 months without pay…only given $500 so far..how to survive ?
    Even community care miserable support has so many conditions including using past family income and not existing income as criteria to reject you..stupid SOP.Policy maker has no common sense and empathy.

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  • garbage pap:

    yes 100% correct.

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  • Fan of Ivan Lim PAP:

    It’s not that they don’t know, if you know what I mean ?

    The crows are all what color?

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  • oxygen:

    HOW MUCH MONEY IS STILL in the till of Temasek Holding and GIC investment now?

    I think voters would like to know this because it is part of national reserves to feed peasants SINCE PAPpypolitics promises that no one will be left behind.

    Remember this, we spent or budgeted to spend $100 billion equaling to 20% of our GDP in less than 3 months.

    If we need to spend 4X that in one calendar year of sustenance support – peasants got very little of the $23,250 per capita till now – HOW CLOSE ARE WE TO FINANCIAL COLLAPSE OF INSOLVENCY?

    I like to know.

    I don’t want to hear empty political rhetoric of hollow manifesto.

    I want to see exactly in detail print – what vision, clear direction and actions plan have been designed to turnaround this country BEFORE I VOTE.

    PAPpynomics have already told us it can’t save all jobs – I am confident that the biggest shake-out will come in transport, retail, tourism, and of course the life-blood sector in banking.

    Hit by a “wrecking ball” of PAPpynomics confession, DO PAPpypolitics wants to walk blind forward with cotton-growing sheep trailing obediently behind to the slaughter house of starvation for peasants only. The unnatural aristocrats has unlimited buffer and want a new leasehold of political mandate to lord over those still surviving after the Covid-19 is past.

    IT DOES NOT EVEN WANT TO TELL US THE SIZE OF OUR NATIONAL RESERVES!

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  • Hehe Martin of the sheeples:

    What did one slice of bread say to another after a loong day laboring at $6/hr? Don’t worry — tomorrow our MOM will be butter….

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  • oxygen:

    WATCH OUT NOT WHAT PAPpypolitics/PAPpynomics tell you (they are all spins of incomplete reality or outright distortions) but WHAT THEY DIDN’T TELL YOU.

    Good example is CPF is your money. If that is so, how come these inexplicables?

    - withdrawal of “your” CPF to pay for public housing lease MUST PAY INTEREST on those amount.

    Ha ha ha.

    DO YOU PAY YOURSELF INTEREST for money out of your paycheck to pay for your food and healthcare? Remember this – you are not your own debtor or creditor in that public housing transaction, how come you must pay interest when NOBODY IN THE WHOLE WORLD pay interest if he is NOT a debtor of any lender or worst still is the CREDITOR!! Does the bank pay you interest if it is the creditor and you the debtor?

    A legal mind told Parliament that CPF is NOT your money BUT IT WAS NOT DENIED IN PARLIAMENT BY LAW-MAKERS INSIDE. You can’t tell lies in Parliament with immunity.

    I THINK SHE IS RIGHT.

    CPF IS NOT MY MONEY, it can’t be withdrawn at 55 and even at 65 is subject to restrictions of ALL KINDS OF ARTIFICIAL ENCUMBRANCES.

    In property law, you are owner if two conditions are satisfied

    - animus possidendi i.e. you are in possession

    - animus domini i.e. you have unfettered discretion of its use or disposal.

    CPF IS WHAT YOU CAN SEE, BUT CANNOT TOUCH – just like my latest model cell phone on the table in a restaurant, you can’t just walk to my table and take it away as your property thereafter.

    OTHERWISE WHAT IS CRIME CALLED THEFT of someone’s property not yours?

    SO I CONCLUDE THAT CPF IS NOT MY MONEY OR PROPERTY, IT HAS LONG BEEN STOLEN by unknown ghost/ghosts against my will and consent. Suddenly I “owe” my retirement money to some THIEVING GHOST/GHOSTS.

    Anyone disagreeing??

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  • patriot of TUMASIK:

    Martin, keep on sharing your Bread & Butter…Singaporean Patriots NEED it now MORE than ever.

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  • trublu:

    STATISTICS presented in SIN CITY are rather SINFUL as most of them are DECEITFUL.

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  • Hu Chian:

    Quote,
    ” In the false religion of data, heresy is asking for data that is not being collected because it might reveal unpalatably unprofitable realities.

    Here’s how every modern con starts: let’s look at the data. Every modern con starts with an earnest appeal to look at the data because the con artist has assembled the data to grease the slides of the con.

    We have been indoctrinated into a new and false religion, the faith of data. We’ve been relentlessly indoctrinated with the quasi-religious belief that “data doesn’t lie,” when the reality is that data consistently misleads us because that is the intent.

    Nobody in the False Religion of Data ever looks at what we don’t measure because that would uncover disruptive truths. My latest book Will You Be Richer or Poorer?: Profit, Power, and AI in a Traumatized World looks at everything consequential that we don’t measure, and since we don’t measure it, we assume it doesn’t exist. That’s the end-game of the False Religion of Data: what’s actually important isn’t measured and therefore it doesn’t exist, while what is measured is artfully packaged to support a narrative that enriches those behind the screen of “objective data-based science.”

    Site,
    Of Two Minds – Is Data Our New False Religion?
    https://www.oftwominds.com/blogjune20/data-religion6-20.html
    https://www.oftwominds.com/blogfeb20/lies-videos2-20.html

    Dumberer and Dumberest | Liberty On Wheels
    https://libertyonwheels.com/2016/08/07/dumberer-and-dumberest/
    https://bullshitpolitician.wordpress.com/2014/04/21/pap-and-the-art-of-name-calling/

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  • NotMyProblem:

    Tremendous:
    This is the same as cheating the villagers. I mentioned before. They have to cheat to win. Even potential candidates from the same group know this. So much for integrity.

    PAP, of course, knew this. Only thing is do our voters know this?

    Singaporeans are supposed to be smart. Show me!!!

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  • oxygen:

    TEMASEK HOLDING ANNUAL REPORT for the financial year ending March 2020 IS OVERDUE for public release BUT TILL NOW a ghostly silence and absence.

    THREE MONTHS HAVE ELAPSED since its financial year end. How many of its stocks in its investment portfolio got badly wrecked by stock market turbulence of March 2020?

    Any stocks sold to generate funds to spend on the $100 billion orgy of covid-19 fightback? How much money is still left in there to repay “our” CPF if that is urgently needed of financial distress?

    IT IS WORRYING.

    Will this March 2020 Annual Report be released ONLY AFTER THE GE on July 10?

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  • More decent jobs please:

    Singapore need to create more decent jobs for Singaporean.
    Need a decent job so that they can take care of their family needs..
    Is it too much to ask from our MPs…?

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  • Allergy:

    I feel that to help those who are retrenched and jobless, government should allow delay in paying HDB loans for up to the max of 2-4 year.
    To help SME and those who are retrenched and intend to start their own business, government can consider to allow Singaporean to withdraw/loan up to $50,000 interest free from CPF with repayment period of after 4 years.

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