All the spinning is giving us a headache

The Rhetoric

“Job prospects look rosy for Singapore”

“Outlook for job creation is good”

“Job market at its best in three years”

“Brighter prospects in job market”

– Straits Times headlines in the months of Aug, Sept and Oct 2004 (NB. PM Lee Hsien Loong was inaugurated on Aug 12).

The Reality

 “Job creation has dipped. Between January and March, 16,900 jobs were added – around half the 32,700 jobs gains in the last quarter.”

– Straits Times, June 16, 2005

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