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Encourage hiring for 45-54 age group Letter from Yoon Wai Nam 04:45 AM Mar 27, 2012

I refer to the Manpower Ministry's letter "More companies here tapping older workers" (March 21), which pointed out that 61.2 per cent of residents between the ages of 55 and 64 were employed last year. This means that 38.8 per cent of them were not employed. More importantly, the next cohort in line, between the ages 45 and 54, is a bigger age group (16.7 per cent of our population). This group has a high chance of being restructured out of work or may opt for early retirement. Any failure to keep them engaged in employment would lead to a population that is more dependent on economically-active and typically younger workers. We need to formulate the best way to harness the accumulated experiences of this cohort, persons highly qualified in their traditional industries. This group has witnessed the opening-up of China and the challenges of globalisation. There would be missed opportunities if we do not capture their experience either as mentors or as strategic hires in corporations and within the non-profit sector. Local companies and non-profit organisations should step forward and lead the way.
I got this article from ONLINE TODAY. I began to wonder, what will i be when i reach the age of 50? Am i still healthy enough to work? What about my hubby? We cant affort not to work as we still have a house to pay. Even you reach the age of 60, you might have to continue work, in Singapore, no work = DIE!
When you look around, actually not many old people gets a job, in hawker, i see young FT clearing the plates (Cant our uncles aunties do it, or they refuse to do), i see FT selling foods, selling drinks in kopitiam (Cant our uncles aunties do? Or they dont want to do), i see FT sweeping the shopping mall floor ( Why not our uncles aunties), i saw FT washing toilet (Why?). I saw FT working in ntuc (I think our aunties will be able to learn or they refuse to learn?)....
If i reach 55 years old and still need to work. Will they rather employ a young FT than me? They are cheaper and can learn faster. Compare to me (age 55), slow and may not be as cheap as them. I told my hubby to learn play guiter, in case when we are old and jobless, he can go play guiter and sing, i will go fight with FT to sell tissue paper, collect cans....cardboard.
I began to think of nottis, now they work hard, but when they are old, will they have a much better life than us? I believe they will, when they reach 50 plus, they might be able to retire while in Singapore, ifs impossible to retire ubless 1 million dollars drop from the sky. Really must consider get out of singapore. Really dont know, can only try to save more $$.

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