Pixel18 1st Gear February 14, 2011 Share February 14, 2011 This seems to suggest that income increase is keeping pace, if not exceeds inflation. Wonder how true is the reality on the ground. ============= Singaporeans' household income increased in 2010 It has recovered to above the level before the economic downturn in 2009. -AsiaOne Mon, Feb 14, 2011 AsiaOne Household income from work increased in 2010, according to a paper released by the Singapore Department of Statistics today. It has recovered to above the level before the economic downturn in 2009. This is in tandem with the strong economic growth Singapore experienced in 2010. The median monthly income from work among resident households increased from $4,850 in 2009 to $5,000 in 2010 ↡ Advertisement Link to post Share on other sites More sharing options...
Ticklish8 3rd Gear February 14, 2011 Share February 14, 2011 Definitely true for those high income earners..... Maybe for Mid income earners... Definitely no no for low income owners. That why the Gini coefficient keep getting wider.... for those low income compare with the rest... Link to post Share on other sites More sharing options...
Mockngbrd Supersonic February 14, 2011 Share February 14, 2011 well, the rich gets richer and richer, so the median gets pulled up by those uber earners Link to post Share on other sites More sharing options...
Gearoil 1st Gear February 14, 2011 Share February 14, 2011 Before I type any more words .....in regard to the truth of this thread How many icons can I put into this thread before anyone else can get a hint? Link to post Share on other sites More sharing options...
Andylkkg 4th Gear February 14, 2011 Share February 14, 2011 This is worrying! Link to post Share on other sites More sharing options...
SimonTan 2nd Gear February 14, 2011 Share February 14, 2011 Well.....I feel depressed looking at the figures.....my household is below the average $5,000. Can someone explain the subtle differences of the two statements? Is my understanding correct? 1) Means the standard household income is $5,000 in Singapore? Considering ALL households in Singapore, including those household with zero income. 2) Means a standard household with at least one person working, is $5,700 in Singapore? Not including those zero income household. 1) The median monthly income from work among resident households increased from $4,850 in 2009 to $5,000 in 2010 Link to post Share on other sites More sharing options...
SimonTan 2nd Gear February 14, 2011 Share February 14, 2011 The total number of households in 2007/08 was 1,091,339. the above figure taken from here; http://theonlinecitizen.com/2009/12/househ...e-in-singapore/ Link to post Share on other sites More sharing options...
Pokyman 1st Gear February 14, 2011 Share February 14, 2011 Well.....I feel depressed looking at the figures.....my household is below the average $5,000. Can someone explain the subtle differences of the two statements? Is my understanding correct? 1) Means the standard household income is $5,000 in Singapore? Considering ALL households in Singapore, including those household with zero income. 2) Means a standard household with at least one person working, is $5,700 in Singapore? Not including those zero income household. 1) The median monthly income from work among resident households increased from $4,850 in 2009 to $5,000 in 2010 Link to post Share on other sites More sharing options...
SimonTan 2nd Gear February 14, 2011 Share February 14, 2011 Yes sole bread winner. So sad to see I am in the below average range. Link to post Share on other sites More sharing options...
Caravan 5th Gear February 14, 2011 Share February 14, 2011 So what if it increases 3.1%? What is the inflation rate? Real terms is the real deal! Link to post Share on other sites More sharing options...
Zanter 3rd Gear February 14, 2011 Share February 14, 2011 Yes sole bread winner. So sad to see I am in the below average range. My friend 35 years old supporting wife & baby earns only $3600pm. So should he be more depressed than you? Link to post Share on other sites More sharing options...
Curahee 1st Gear February 14, 2011 Share February 14, 2011 Definitely true for those high income earners..... Maybe for Mid income earners... Definitely no no for low income owners. That why the Gini coefficient keep getting wider.... for those low income compare with the rest... I feel that middle income earner also will not be spared Link to post Share on other sites More sharing options...
WTF 4th Gear February 14, 2011 Share February 14, 2011 My friend 35 years old supporting wife & baby earns only $3600pm. So should he be more depressed than you? My friend also in the same boat, but only S$3K salary. Got a wife, a baby, a car, 2 parents not working and another kid and ex-wife whom he paid alimony monthly. Sometimes I wonder how does he survived??? Link to post Share on other sites More sharing options...
Tigershark1976 Turbocharged February 14, 2011 Share February 14, 2011 Yes sole bread winner. So sad to see I am in the below average range. usually, the income of the sole breader is higher than those where both husband and wife is working... so, ur pay is not below average actually. Link to post Share on other sites More sharing options...
GLZT 6th Gear February 14, 2011 Share February 14, 2011 Actually what is the range of low - mid - high income? Link to post Share on other sites More sharing options...
SimonTan 2nd Gear February 14, 2011 Share February 14, 2011 Try this to see how high your salary level is in percentage terms. http://www.salary.sg/2010/benchmark-your-h...ld-income-2010/ Link to post Share on other sites More sharing options...
SimonTan 2nd Gear February 14, 2011 Share February 14, 2011 can discuss over here http://forums.salary.sg/income-jobs/ Link to post Share on other sites More sharing options...
questionedfish Clutched February 14, 2011 Share February 14, 2011 HAHA. sums it up. ↡ Advertisement Link to post Share on other sites More sharing options...
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