Singapore facing manufacturing brain drain

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As Singapore’s manufacturing industry changes from one based around toys and garments for export to one based on medical engineering, pharmaceuticals and high-tech manufacturing, the country is facing a dearth of available workers.  The jobs require a high level of education and skill, and companies are having an increasingly difficult time drawing qualified workers to the table.  Wages are rising as a result, but there is still a challenge to drawing a talented working pool.

With the increase in wages, some fear fewer jobs are being created.  Others worry that Singapore will still run out of talent, and suggest bringing in foreign workers to fill the void.  Still others think that Singapore will eventually have to turn away from manufacturing, and note that fewer than a tenth of jobs created in the past decade were in the manufacturing industries.

 

 

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Reading Time: 1 minute

As Singapore’s manufacturing industry changes from one based around toys and garments for export to one based on medical engineering, pharmaceuticals and high-tech manufacturing, the country is facing a dearth of available workers.  The jobs require a high level of education and skill, and companies are having an increasingly difficult time drawing qualified workers to the table.  Wages are rising as a result, but there is still a challenge to drawing a talented working pool.

Reading Time: 1 minute

As Singapore’s manufacturing industry changes from one based around toys and garments for export to one based on medical engineering, pharmaceuticals and high-tech manufacturing, the country is facing a dearth of available workers.  The jobs require a high level of education and skill, and companies are having an increasingly difficult time drawing qualified workers to the table.  Wages are rising as a result, but there is still a challenge to drawing a talented working pool.

With the increase in wages, some fear fewer jobs are being created.  Others worry that Singapore will still run out of talent, and suggest bringing in foreign workers to fill the void.  Still others think that Singapore will eventually have to turn away from manufacturing, and note that fewer than a tenth of jobs created in the past decade were in the manufacturing industries.

 

 

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