Which is why the rallying cry that the US and its lackeys, including Singapore, are working so hard to extinguish from people's minds is "Workers of the world, unite!"
@@kencarsula3307 Then why don't it mention Africa , Latin America where employment opportunities are very bleak. Even U.S and Europe is going through the same issue of unemployment . Further employers cannot find suitable candidates for many job openings due to lack of skill, low wages , market downturn and overt regulation etc. Still you can find many jobs which doesn't have takes and too many people chasing too few jobs in well paid category. Thats why he said phenomenon is not local but global 😂😂😂😂😂
why difficult to look for a suitable job in Malaysia? 1) Age restriction, most companies dont want someone aged 35 or older. or younger ones without experience 2) salary vs what companies want you to do or ur qualifications 3) toxic managers or workers demand alot of things but never comes to work 4) incompetent Managers, expect someone just joined the company knows what need to do without giving them proper guidance. 5) require all sorts of qualifications even for minor/ easy work 6) managers sets absurd targets for sales team even when they barely achieving the previous target Ive worked in many places, i can survive overseas, but not Malaysia
Don't want 35 or older? Their CEOs all 28 years old ar lmao. Pre 30 I was still barely able to manage people. They expect to compete with international companies with this kind of calibre?
At my last healthcare job, I was doing 4 peoples job descriptions at once in a shift without proper compensation, as an expectation to fulfill my role. The work culture is evolving to be even more predatory
@@kengleetan63 CNA, the Singaporean state-owned media outlet, is at it again! Laying out the "troubles" in its neighbouring countries, implying that employment situation in Singapore locally is all well and good... Seriously us from your neighbouring countries are tired of these propaganda videos by CNA...
I am starting to think all school system should train our youth to be able to start their own businesses and become more practical instead of training them to be corporate employees. Especially we are in the era of uncertainties.
Because they want less competition.. this is how they keep themselves in power. It is up to the individual how to get close to that top tier percent.. a lot of these people applies the 48 laws of power.. if they really want a lot of regular folks to be as successful as them- there wouldn’t be normal folks in the street.
@@dirremoiredecline in population = less consumption which = downsizing businesses with less job openings. So if there’s an imbalance now already there will still be an imbalance with a smaller population.
@@dirremoire Social Security thats the problem. If fewer people have kids than less generations work if less generations work people contribute less to social security. And they're 1000 videos explaining why its bad.
@@sobsag I think maybe you are unfamiliar with the corporate world, or come from Europe? 6 months is the typical guideline for a soft blacklist. 3 years is so extreme that he probably cannot find normal employment anymore at a decent rank. It is roughly similar to a mid-tier non-violent crime
Well said exactly correct. The fake media just wants to point the issue to somewhere else. The only difference is in Asia, its more of a cultural perception. The only thing is that in the US, youth unemployment could be lower because lots of people are on Only Fans and making money there, whereas in Asia, girls are less incline to do such a thing (not saying there is none, but the number would be smaller than say in the US). Only Fans solves youth unemployment hahaha
@@jerryn9690I don't think those two countries are the best place to migrate if you're coming from Malaysia since most of the openings are factory workers 😂
worked in japan for two years, in a factory. if not back before 5.30pm , boss would ask why you are not back? by around 6pm, office almost empty. whereas in Malaysia, 6pm the office still very lively. and went for a business trip in sister plant in China before, by 5pm, office almost empty also. they needed to catch bus or train. so different from what media portrayed.
Back before 5:30pm doing what? Grabbing a coffee, going to the bathroom? Our place in Melbourne is dead by 4:30pm - they’re on the train home or at the pub or whatever it is that they do after work. If my hours are 9 to 5 I’m not going to hang around all night because there won’t be anyone there anyway, that would be weird.
This may have been answered, but in South Korea isn’t it better for grads to work at a lower salaried SME for a few years and then try for one of the Chaebols? Or is it like Japan where job hopping is still frowned upon? I couldn’t get a job, any job when I was a teenager who was struggling with undiagnosed ADHD and mild autism - different reasons for unemployment but I do sympathise with kids now.
Singapore youth employment crisis will be worse in a couple of years from now because Singapore open its gate wide open for many foreign talent to come take up the local jobs. And moreover many different country's talent would want to come to Singapore to work due to the strong Singapore dollar. Its going to be bad for Singapore youth, we'll see.
Why wont they employ their own citizens first? Or is it because those jobs are not the ones locals want anyways? Im sure there is a constant demand for house maids. Do Singaporeans want to work as a live in maid?
@@alyahamzah1952 It is simple. When you do project work in school, do you team up with your friends or do you team up with other people you never work with before, if you had the choice? Same concept applies at work. Why are you talking about maids? Everyone in Singapore wants to have career progression, find a better job and upgrade. Yet people like you like to use sweeping statements and examples.
@@alyahamzah1952 Most Singapore youths have good education and they want a job that suit them according to their education level, how can you expect them to work as a domestic maid with their education level. You cannot compare them as those foreign domestic maids.
Not specifically intended to praise the government, but SG indeed has more job opportunities. This is due to multiple factors which other countries cannot replicate easily. However, with AI and more intense work global challenges, I don't take for granted that this will last forever. Just be prepared for the worst-case scenario.
Merchants have come to own much of the world’s wealth. It used to be that the kings own the wealth of their land, then the state, but now the merchants (aka corporates).
@@Jamestong-r8hthe greed mindset will send humans spiraling into societal decay. Oh wait it already has.... I'm sorry past generations brainwashed you with the billionaire mindset. They didn't understand what they were doing or understand the repercussions.
it is a simple supply and demand problem. So many people with degrees, it means there is an oversupply of labor in relation to the demand for workers in the market, so not many jobs and not well paid.... However, there are many vacancies in the "trades", no electricians, no plumbers, no gardeners... so those professions' wages are going up due to the scarce supply. The problem is the excess college graduates
Its weird how almost every country is having similar problems right now. From housing, schooling costs, cost of living, jobs, you could mention these as a problem and you would not know which country you are talking about. Either we all are in a global depression or the way we run our system has led us here and is not working
Due to over population in the entire world, the rules of society just keeps getting worst. It’s a downward spiral for each new generation. (Imagine how climate change makes things worse due to human over population greed). These beliefs have failed me economically in life and now I have paid a big penalty for these decisions I made more than 26 years ago. 1): Health is first. Exercise takes priority over “over-time” or “dedication” 2): Don’t have children. Having no steady relationship is even better. It saved me lots of money during my early twenties 3): Companies don’t respect your boundaries. Make sure at least you respect them and enforce them, regardless of consequences 4): Lower expectations, live a simple life and say *#$#$& you to society’s expectations If I didn’t follow the above rules, I might have a “secure” life but I probably be dead with diabetes, heart attack or something bad
I travelled the world and you are so rite! Overpopulation everywhere! Look at China,Nigeria, India pffffffffffffffft why don t the governments start sterilisation sterilisation?????
I’m teach at a university in Melbourne Australia and also consult to small businesses, and see so many students struggle to find work, especially international students looking to stay. And at the same time I see small businesses constantly struggle to find suitable and reliable staff. There definitely seems to be a flaw in the system
@@billc6762 I was not suggesting any time soon...part will depend if Thailand builds a canal to make a shipping short cut avoiding Singapore .. and just as western nations are aging.. average age in Singapore is 43. In the US is 38
@@milesinnz Both EU and US will cut China from the supply chain. What is that canal for? If that canal really happen, Thailand will be off the supply chain too.
@@Adrian-np8vl you mean you are happy to be part of the race to the bottom...who will work for the cheapest with the worst working conditions and environmental impact
Give you pay raise you want or not? Who don’t want more money? Instead figure out what you can bring to the company that others can’t. Government has done their job in screening foreign workers and increasing levy. What have you done?
....local Sinkie are not competitive in the job market. Want high pay, work short hours, want flexi, WFH. Foreigners are replacing them to 94.5% in 2023 alone!😆
@@Miguel-ly4bm I'm cool with the minute portions of what I'm paying for going towards salaries of my fellow countrymen than towards high rentals from global conglomerates
As a singaporean about to graduate from university, I am extremely thankful that the Singapore government has been able to create sufficient good quality jobs that match the expectations of university students
Employees flock to higher paying jobs, is nothing new. Businesses just have to compete by paying more to attract talent. We all have bills to pay! My first job was many decades ago, the boss said, if you pay peanuts, you'll get monkeys 🙈
Malaysaia has a backward mentality to work. I lived in the country for 94 days as I traveled the world. The country is outdated in technology and mindset and needs to do more for its young people. The youth are bored, have little to keep them occupied and will always ask you questions about how to get to america or europe.
That backward mentality is definitely what keeping me from trying to find motivation in Uni. A lot of the systems and work culture are so outdated and egotistical boomers are so stubborn. It's even more ironic that Islam at it's core values is to avoid egoism and stubbornness and these old people have the gall to claim themselves as Muslims.
What to do govt make everything so expansive. Old people that are supposed to retire now money not enough lanlan have to work. Hence that space that is open to the younger generation is taken up by older gen that is still working and cannot afford to retire.
10:14 Coming out of school and expecting a job in strategic planning? That's not a well aligned expectation. Need to see a list of programs delivered or significant learnings that then translated into a value uplift for the organization. I'm watching these programs and seeing highlights of those struggling who are not showing a path in deep technical experience. Web development and sales positions are overcrowed. Seeing that you have hundreds of git check ins on a Unity engine for that video game you are creating during your free time goes a long, long way and starts that path to being a strategic partner for a junior organization.hundresed
something is weird here. many of these countries have rapidly aging societies, and ever less young people been born every year. economic theory suggests that the demand for young people's labor should increase, instead of a youth employment crisis.
Indonesia jobs market: - Diploma must below 25 years old with 1-2 years working experience (minimum) - All-in-one roles (they wanted you like Aang from the Avatar, can master everything) - Paid below national standard wages (you're the Avatar but they wanted to paid you less, even free in the name of "experience") - minimum 50 hours/week - The boomer want you to solved their problem (i'm not kidding) ps: This is the qualification for Junior or Entry level for 80% (or even more) Indonesia jobs market. pps: Thats why almost all of my friends are working overseas. And the one working here are either as State Civil Service (ASN) or BUMN. Only 1 -3 people that change their life to small business owner. ppps: Indonesia jobs market are like they wanted you to be The Avatar and paid you less in the name of "gaining experience".
Envious of malaysians having us as a neighbor....how i wish i can simply cross the causeway for a ez 3.5x on my salary without providing any additional value. Global arbitrage at its finest.
Many msians come sg look down on sgps, thinking once they r newly minted as citizens, get their hdb, retire comfortably as winners back in 3.5 bolehland.
Frankly this all makes sense. In the US it is not as bad but it is also more or less the same. This is what happens when you have two things. Resources are held nearly captive by small groups of people. You don't have policy that focuses on empowering youth outside of education.
If I am a Malaysian, I would come to Singapore to work as well. Sure the money is great (exchange rate of 1:3.5), but culturally, there is no difference between a Malaysian and Singaporean. We pretty much are the same. Malaysians also have CPF in Singapore so the JB Labour minster's comment is pretty moot, I think.
You’re a small little city state, Singapore literally does not have the resources to support its current population. Singapore has at best enough resources to support 1/10th of its population, its very survival depends on export.
The last thing I will do is to support local businesses. Local businesses should be open to fierce competition with the rest of the world. If they need support from locals to stay afloat. Best to shut down the business now.
There are 2 things that governments all over the world need to do to help world economy: 1. Education system revolution 2. Land ownership system revolution
a mnc's hiring manager accidentally forwarded me an email of his exchanges with headhunter. He mentioned he's interested in hiring me in Msia despite 40+% bump because my salary was cheap. It felt a bit of an insult, but that's the reality. 8 years later, I am amongst top single digit earners in Singapore. Thanks LKY, SG.
i have seen a lot of SME, recuiting a lot.. of blue collar work.. that pay less but most people who had a degree or a diploma didnt even want to go sign up partly because the school fees is a lot.. and there is a lot of mismatch expectations... I dont blame them.. I just feel that the system is really flawed... at solving this problem.. where inflation is still on the rise...
In the early years I warned mankind, and mankind ignored my words, and now all the things I predicted have happened, and people say: What the hell is going on . this is human .
Seeing just how much South Koreans don't want to give hiring managers any reason to bin their application really puts into perspective how other countries' youths haven't done all they could yet
@@oldlee2706 yes, depends how they actually calculate the denominator. Dont think real numbers are published. There is only 1 plus million native citizens in the workforce. Excluding the new citizens and PR, and the seedlings of the new citizens.
Well definitely in Asia there is a youth employment crisis. This is some of the reason why young Chinese another ethnicity are desperately trying to enter the US from the southern border. The US still is offering better opportunities for anyone who make it. Young Asians are making these sacrifice in hoping to find prosperity in America.
Lots of work is now handled remotely in places like Vietnam, Philippines, India, etc... The execution is often professional and at a much lower cost. White collar jobs will be lost to them and pressure will come down hard on Singaporeans salary wise and other benefits. There is an acceleration of this trend since after covid. Companies realised they can work and organize themselves differently. Singaporeans were happy to enjoy work from home trend, but they will end up losing the battle. Working from a home in Philippines or Bedok is not much different for a company.
One thing I noticed when hiring for contractors now, for those 21 to 25, they want money but they don’t want to do face to face interviews and they rather do avatars based online interviews. Many companies doesn’t allow avatars based online interviews but rather to see the face of the interviewee.
This was already predicted that the amount of youth employment will rise after covids. lots of business went down during covid, and after covid the world was hit with war that cause the price of many commodities rise highly. with high inflation, government will surely raise interest rate. this make it even harder for people to start their business again. and it will become even worse when your country have lots of corrupt policy maker.
there's probably a shortage of physical labours as well around the world as youths are becoming more and more educated. I think blue collars now are the way to go to earn money instead of white collars because we have too many white collars around and not enough blue collars. If I were a student now again I would pick being a blue collar for sure.
@martinbrock713 Everyone in this world, including you was once a youth. So according to you, the world should have died. Where are your brains? In your rear?
Things will get 1000x worse once A.I. is your competitor for a job. You will be lucky to have enough to eat 3x a day while billionaires laugh at our expense.
CNA, the Singaporean state-owned media outlet, is at it again! Laying out the "troubles" in its neighbouring countries, implying that employment situation in Singapore locally is all well and good... 😆
umm SG is quite good for youngsters indeed. so basically they are earning at least double of wt in malaysia bt affording similar cost of living. Otherwise how can u explain those over million workers? So they are all bribed by SG gov for “propaganda” on SG good living right😂
How can there be a Youth Employment Crisis? Everywhere on Social Media I see everyone earning at least $5000, buying Condominiums and enjoying Yearly Holidays 😂😂😂
japanese girl isn't representative of jp workers, shes quite "tatemae" because she needs to carry her company's brand. in local news, people are apprehensive, prices has been skyrocketing, japanese salaries are among the slowest in the developing countries, weak yen. it's almost a universal consensus here that working abroad is better! i cannot disagree tho that japan is a great place for leisure and safe travel
Low Salary , Boss / Manager want us to do 3 worker job , Boss doing greedy thing like don't want give Over-Time Payment or any other benefit. Malaysia Ringgit falling
Sounds completely wrong for the leader of the PAP to be more concerned about a seemingly inappropriate candidate being called out than relieved that a bad candidate was exposed before he had a chance to get into Parliament
You want higher salary, can you do more, more quality work that warrant higher salary ? Do you want to pay more for same quality of goods or services ?
Good governance. Economists enjoy writing many many textbooks on how to become rich. Just follow the textbooks and it is easy. But of course, your own citizens will probably overthrow you if you tried that
And our youth in singapore especially the nus and ntu grad thinks that they are entitled for 6-8k pay. With malaysian and mainland chinese they are coming in way lower wages plus AI, these nus and ntu grads can sit at home and rot!
If spread of money is equal because of money laundering, isn't it secretly supporting terrorism accidentally? Money is Strength, Strength Makes Life. If their money of it is Legal-Type, if insert and create a bank record of their money, then moneyflow-function will be normal again, waiting for retrieval of gold from ship's accident will be too long?
Actual Salary should be highlight of News that should continue for Weeks and not About COVID been so many years. C.P.F created disability of moving and gains in life, people could've tried to be a door-to-door salesman. Culprit of gas would've been alot more witnesses(including from vehicles shots).
CNA why dont you feature youth unemployment in china or the china's foreign investor crisis or china's new security law or china's huge debt? Trying to protect your master??
Youngsters too picky. My first job start Nov 2011 only pay rm1500 monthly. The company struggles and frequently missed salary. but I stayed for experience. After two years I began job hunting. 5 years there until i got new job. Now my salary is almost rm5k. I married at age 36.
meh, im not singaporean so im not entitled to an actual opinion. but all i see is a bunch of adults trying to convince themselves that these youths aren't just going to get betrayed later on as the government/corporations then hires more foreign or non-singaporean cheap labor for the jobs that the youths don't want to do, but also strangely, these jobs are also the jobs these bunch of adults in these news videos, also don't want to do. so maybe that explains the unemployment rate. the problem maybe isn't the rate, the problem is our interpretations or understandings of it, and your limited, baby boomer dominant perspective as a news source.
I wonder if there's a correlation between the rise of mobile social media platforms and youth unemployment? I see that anyone under 35yo, they are always glued to their phones even at work. While it may take 20 seconds to check, but if they do that every five minutes, and half the time, they post or respond to someone, that's 2-3mins right there. That eventually means they are not productive up to 1/3 of the time... and that doesn't even factor in starting and restarting, which is also inefficient.
Take it from me, a 26 yr old filipino who is always glued to my phone up to this day but got a good-paying job as an accountant for an AUS firm. The big problem is the local companies. Local companies tend to be more demanding on performance but never equates it with right compensation
Its a global thing. Not just asia.
Global gender thing.
It didn't say unique to Asian youths.
Which is why the rallying cry that the US and its lackeys, including Singapore, are working so hard to extinguish from people's minds is "Workers of the world, unite!"
@@kencarsula3307
Then why don't it mention Africa , Latin America where employment opportunities are very bleak. Even U.S and Europe is going through the same issue of unemployment . Further employers cannot find suitable candidates for many job openings due to lack of skill, low wages , market downturn and overt regulation etc. Still you can find many jobs which doesn't have takes and too many people chasing too few jobs in well paid category. Thats why he said phenomenon is not local but global 😂😂😂😂😂
@@ganeshthirunavukkarasu7215 this is an Asian news channel so it talks about Asia only. Why are you nitpicking?
why difficult to look for a suitable job in Malaysia?
1) Age restriction, most companies dont want someone aged 35 or older. or younger ones without experience
2) salary vs what companies want you to do or ur qualifications
3) toxic managers or workers demand alot of things but never comes to work
4) incompetent Managers, expect someone just joined the company knows what need to do without giving them proper guidance.
5) require all sorts of qualifications even for minor/ easy work
6) managers sets absurd targets for sales team even when they barely achieving the previous target
Ive worked in many places, i can survive overseas, but not Malaysia
Don't want 35 or older? Their CEOs all 28 years old ar lmao. Pre 30 I was still barely able to manage people.
They expect to compete with international companies with this kind of calibre?
@@kingseiryu929 dont want new recruit of 35 years or older. thats the thing, they still have that kind of mentality
@@Onion_Knights as in even if the 35 years old is very experienced? Management level?
@@kingseiryu929 nope, any kind of jobs. they will be very specific, younger than 35, dont care experienced or not
Spot on.
Youth unemployment is a worldwide problem. Companies are hiring less and expecting workers to work like 2 people in a day with minimum pay.
Lowering retirement age would help/free up work spaces for multiple younger/generations.
Blame the greedy capitalists!
At my last healthcare job, I was doing 4 peoples job descriptions at once in a shift without proper compensation, as an expectation to fulfill my role. The work culture is evolving to be even more predatory
Employers wants to hire, but they don't want to train. Also, if you score companies, you realise that there is a massive mismatch.
You mean 4 people right?
38 struggling to find work here in Aus too. It’s definitely global.
Liew talked nonsense. Malaysians have been flocking to Singapore to work for decades. Even when the exchange rate was 1:1 in the 70s.
Nah not 70s. 80s yes.
And now at 3.5 to 1 and rising, the locals in Singapore are...finished in their own job market!
Song boh?😆
timestamp
@@kengleetan63Malaysians can’t compete with Singaporeans
@@kengleetan63 CNA, the Singaporean state-owned media outlet, is at it again! Laying out the "troubles" in its neighbouring countries, implying that employment situation in Singapore locally is all well and good... Seriously us from your neighbouring countries are tired of these propaganda videos by CNA...
I am starting to think all school system should train our youth to be able to start their own businesses and become more practical instead of training them to be corporate employees. Especially we are in the era of uncertainties.
I `think` american schools should shut their doors for the last time because american education is worthless!
School by historical design is to "train" worker
Because they want less competition.. this is how they keep themselves in power. It is up to the individual how to get close to that top tier percent.. a lot of these people applies the 48 laws of power.. if they really want a lot of regular folks to be as successful as them- there wouldn’t be normal folks in the street.
Educatuon institution was historically created with the purpose of providing literate and hopefully skilled/knowledgable workers.
Businesses fail all the time. How can you teach it?
Entrepreneurship is the way forward as all big companies have become too rigid in their expectations
If employment prospect is bad, then dwindling population is the right direction.
You’d think so, but there’s lower domestic consumption so less business. People 18-45 or so are the big spenders.
@@maxrebo8455 Less consumption= fewer workers. Decline in population = fewer workers. I don't see the problem
@@dirremoiredecline in population = less consumption which = downsizing businesses with less job openings.
So if there’s an imbalance now already there will still be an imbalance with a smaller population.
@@dirremoire Social Security thats the problem. If fewer people have kids than less generations work if less generations work people contribute less to social security. And they're 1000 videos explaining why its bad.
@@andergarcia4953 Japan's social security payouts are squat, on par with the US. So that's not the problem.
Not just in Asia, Ive been struggling to find a job for months here in the US.
Sorry to hear that, I really hope things get better soon
But the government tells us that the labor market is tight and there are too many jobs and too few workers
Thats because increasing wage means you need a higher skillset to get hired and companies use AI to pick thru resumes that sound boring.
I'm feeling it's more about age discrimination lately
That's coz u r busy watching TH-cam, puts yours ass to work
I’m German in my mid 30s. Took a career break for 3 years. Sent out many resumes, none came back. My grades were good. Wasted my time in school
I mean, you are blacklisted due to your extreme unemployment of 3 years. Your good grades is immaterial now.
@@John_Smith_86 Blacklisted for mere 3 years is just ridiculous.
@@sobsag I think maybe you are unfamiliar with the corporate world, or come from Europe?
6 months is the typical guideline for a soft blacklist. 3 years is so extreme that he probably cannot find normal employment anymore at a decent rank. It is roughly similar to a mid-tier non-violent crime
@@John_Smith_86 No it's not.
Your information is outdated. I mean just listen what you are saying. It's absolutely ridiculous.
@@sobsag Well, not sure how to convince someone who sure he is right. Lolz. Shrug
So you are a young fellow then?
Same sh***t is on going here in UK as well. People are moving to AUS or NZ for better pay
as Kiwis leave for Australia...
No just UK and NZ, seems 1/3 Bhutan population working in AUS now, no mention that Indian has become the largest immigrant population recently
Australia is going through same cost of living crap as well though.
@@mktf5582 the effects of immigration on rental and property prices.. why does Japan not have this problem = no mass immigration
LCT & other politicians are still 😴😴😴😴
Internship is a legalized underpaid full time worker
Internships in my country is mainly unpaid aka legalized modern slavery :)
Unpaid bro
OK don't do internship then.
@@envitech02 you can't pass college if you don't do internship in the specific fields. It's not really a choice lol
@@kalliskivikeikr. Like who wants to do internship anyway. Can't even pay rental with that salary. Literally education requirements
Coming soon / is ongoing to the USA & Europe as well
Asia is always two steps ahead. Look at South Korea and Japan for the future
Well said exactly correct. The fake media just wants to point the issue to somewhere else. The only difference is in Asia, its more of a cultural perception. The only thing is that in the US, youth unemployment could be lower because lots of people are on Only Fans and making money there, whereas in Asia, girls are less incline to do such a thing (not saying there is none, but the number would be smaller than say in the US). Only Fans solves youth unemployment hahaha
@@jerryn9690I don't think those two countries are the best place to migrate if you're coming from Malaysia since most of the openings are factory workers 😂
usa and europe? thats ur father and grandfather era
More like it has already happened in europe 20 years ago. Eastern europe's young people migrated to the western europe.
worked in japan for two years, in a factory. if not back before 5.30pm , boss would ask why you are not back? by around 6pm, office almost empty. whereas in Malaysia, 6pm the office still very lively. and went for a business trip in sister plant in China before, by 5pm, office almost empty also. they needed to catch bus or train. so different from what media portrayed.
quite interesting to see that there are chill places in other countries it seems
Back before 5:30pm doing what? Grabbing a coffee, going to the bathroom? Our place in Melbourne is dead by 4:30pm - they’re on the train home or at the pub or whatever it is that they do after work. If my hours are 9 to 5 I’m not going to hang around all night because there won’t be anyone there anyway, that would be weird.
India has the worst unemployment situation from past 10 years.
Same in South America expat 🇬🇧 lives in Colombia 🇨🇴 wages low high Unemployment
At the same time they said we faced the low birth rate that burden on our economy and growing in older aging population
Company are hiring less these day and so many ridiculous requirements, its so hard to get a job right now.
This may have been answered, but in South Korea isn’t it better for grads to work at a lower salaried SME for a few years and then try for one of the Chaebols? Or is it like Japan where job hopping is still frowned upon?
I couldn’t get a job, any job when I was a teenager who was struggling with undiagnosed ADHD and mild autism - different reasons for unemployment but I do sympathise with kids now.
Singapore youth employment crisis will be worse in a couple of years from now because Singapore open its gate wide open for many foreign talent to come take up the local jobs. And moreover many different country's talent would want to come to Singapore to work due to the strong Singapore dollar. Its going to be bad for Singapore youth, we'll see.
Why wont they employ their own citizens first? Or is it because those jobs are not the ones locals want anyways? Im sure there is a constant demand for house maids. Do Singaporeans want to work as a live in maid?
@@alyahamzah1952 It is simple. When you do project work in school, do you team up with your friends or do you team up with other people you never work with before, if you had the choice? Same concept applies at work.
Why are you talking about maids? Everyone in Singapore wants to have career progression, find a better job and upgrade. Yet people like you like to use sweeping statements and examples.
@@alyahamzah1952
Most Singapore youths have good education and they want a job that suit them according to their education level, how can you expect them to work as a domestic maid with their education level.
You cannot compare them as those foreign domestic maids.
Not specifically intended to praise the government, but SG indeed has more job opportunities. This is due to multiple factors which other countries cannot replicate easily. However, with AI and more intense work global challenges, I don't take for granted that this will last forever. Just be prepared for the worst-case scenario.
Wealth hoarding by billionaires is a money addiction that is literally crippling our world.
Merchants have come to own much of the world’s wealth. It used to be that the kings own the wealth of their land, then the state, but now the merchants (aka corporates).
Become a billionaire and unhoard your wealth.
When you are unable to earn billions, the best solution is to blame the billionaires eh. 😝
@@Jamestong-r8hthe greed mindset will send humans spiraling into societal decay. Oh wait it already has.... I'm sorry past generations brainwashed you with the billionaire mindset. They didn't understand what they were doing or understand the repercussions.
@@Jamestong-r8h"I can be a billionaire, I'm very intelligent."
it is a simple supply and demand problem. So many people with degrees, it means there is an oversupply of labor in relation to the demand for workers in the market, so not many jobs and not well paid.... However, there are many vacancies in the "trades", no electricians, no plumbers, no gardeners... so those professions' wages are going up due to the scarce supply. The problem is the excess college graduates
Rise in blue collar job demand?
Also idk why there are so many comments going "uhh actually it sucks for our countries too!" as if the video is saying it's only happening in Asia
Sry, I think that sh*t happens all over the world.
When i watch these vids I'm like 'This sounds familiar.' Same here at home. A whole bunch of college grads and no jobs for quite a few
Here in Germany we have this problem soon:(
Its weird how almost every country is having similar problems right now.
From housing, schooling costs, cost of living, jobs, you could mention these as a problem and you would not know which country you are talking about.
Either we all are in a global depression or the way we run our system has led us here and is not working
Blame COVID viz China
1 year after graduating, i'm contemplating life and why do i even alive
I make seven figures and I tried to hang myself last year. The grass is not greener on the other side
I hope you are doing better? Wish you hope and faith 🙏
Due to over population in the entire world, the rules of society just keeps getting worst. It’s a downward spiral for each new generation. (Imagine how climate change makes things worse due to human over population greed). These beliefs have failed me economically in life and now I have paid a big penalty for these decisions I made more than 26 years ago.
1): Health is first. Exercise takes priority over “over-time” or “dedication”
2): Don’t have children. Having no steady relationship is even better. It saved me lots of money during my early twenties
3): Companies don’t respect your boundaries. Make sure at least you respect them and enforce them, regardless of consequences
4): Lower expectations, live a simple life and say *#$#$& you to society’s expectations
If I didn’t follow the above rules, I might have a “secure” life but I probably be dead with diabetes, heart attack or something bad
I travelled the world and you are so rite! Overpopulation everywhere! Look at China,Nigeria, India pffffffffffffffft why don t the governments start sterilisation sterilisation?????
I’m teach at a university in Melbourne Australia and also consult to small businesses, and see so many students struggle to find work, especially international students looking to stay. And at the same time I see small businesses constantly struggle to find suitable and reliable staff. There definitely seems to be a flaw in the system
Maybe work visas?
looking for experience while wants a minimum wage, I believe.
Malaysia, 8 million in 1960 now 34 million.. Imagine what will happen if Singapore's economy has a set back...
It is not likely in the near future. Billions are pumped into Singapore each day. You just have to be in the right industries.
@@billc6762 I was not suggesting any time soon...part will depend if Thailand builds a canal to make a shipping short cut avoiding Singapore .. and just as western nations are aging.. average age in Singapore is 43. In the US is 38
@@milesinnz Both EU and US will cut China from the supply chain. What is that canal for? If that canal really happen, Thailand will be off the supply chain too.
With more companies relocating for lower business cost, you don’t have to wait for near future. It’s already happening…
@@Adrian-np8vl you mean you are happy to be part of the race to the bottom...who will work for the cheapest with the worst working conditions and environmental impact
Support local businesses who hire Singaporean. Boycott greedy businesses that profit from cheap foreign imports.
Give you pay raise you want or not? Who don’t want more money? Instead figure out what you can bring to the company that others can’t. Government has done their job in screening foreign workers and increasing levy. What have you done?
....local Sinkie are not competitive in the job market. Want high pay, work short hours, want flexi, WFH. Foreigners are replacing them to 94.5% in 2023 alone!😆
Are you cool with paying higher prices for services and goods?
@@Miguel-ly4bm I'm cool with the minute portions of what I'm paying for going towards salaries of my fellow countrymen than towards high rentals from global conglomerates
@@kengleetan63 exactly. I’m singaporean and totally agree with you.
As a singaporean about to graduate from university, I am extremely thankful that the Singapore government has been able to create sufficient good quality jobs that match the expectations of university students
Employees flock to higher paying jobs, is nothing new. Businesses just have to compete by paying more to attract talent. We all have bills to pay!
My first job was many decades ago, the boss said, if you pay peanuts, you'll get monkeys 🙈
Malaysaia has a backward mentality to work. I lived in the country for 94 days as I traveled the world. The country is outdated in technology and mindset and needs to do more for its young people. The youth are bored, have little to keep them occupied and will always ask you questions about how to get to america or europe.
That backward mentality is definitely what keeping me from trying to find motivation in Uni. A lot of the systems and work culture are so outdated and egotistical boomers are so stubborn. It's even more ironic that Islam at it's core values is to avoid egoism and stubbornness and these old people have the gall to claim themselves as Muslims.
Watching these kinds of vídeo, I'm really glad that I'm employed to a job I wanted to work at
What to do govt make everything so expansive. Old people that are supposed to retire now money not enough lanlan have to work. Hence that space that is open to the younger generation is taken up by older gen that is still working and cannot afford to retire.
Suffering young Singaporean too
Struggling to find a job in Ireland after I graduated last year
man even fresh grads who are seen by companies as commodities can’t even land a job due to the bs jd and all what a life we currently live in
Population is major factor, too much competition.
Yes, everyone wants to pass on their DNA but don't understand the repercussions down the road.
The current world population growth is slowing down. Even population growth rate in some first world countries is negative.
10:14 Coming out of school and expecting a job in strategic planning? That's not a well aligned expectation.
Need to see a list of programs delivered or significant learnings that then translated into a value uplift for the organization.
I'm watching these programs and seeing highlights of those struggling who are not showing a path in deep technical experience. Web development and sales positions are overcrowed.
Seeing that you have hundreds of git check ins on a Unity engine for that video game you are creating during your free time goes a long, long way and starts that path to being a strategic partner for a junior organization.hundresed
something is weird here. many of these countries have rapidly aging societies, and ever less young people been born every year. economic theory suggests that the demand for young people's labor should increase, instead of a youth employment crisis.
Indonesia jobs market:
- Diploma must below 25 years old with 1-2 years working experience (minimum)
- All-in-one roles (they wanted you like Aang from the Avatar, can master everything)
- Paid below national standard wages (you're the Avatar but they wanted to paid you less, even free in the name of "experience")
- minimum 50 hours/week
- The boomer want you to solved their problem (i'm not kidding)
ps:
This is the qualification for Junior or Entry level for 80% (or even more) Indonesia jobs market.
pps:
Thats why almost all of my friends are working overseas.
And the one working here are either as State Civil Service (ASN) or BUMN. Only 1 -3 people that change their life to small business owner.
ppps:
Indonesia jobs market are like they wanted you to be The Avatar and paid you less in the name of "gaining experience".
Envious of malaysians having us as a neighbor....how i wish i can simply cross the causeway for a ez 3.5x on my salary without providing any additional value. Global arbitrage at its finest.
You can go live in Malaysia for your retirement
You were born into the 3.5x for free, other people have to work for it, crazy how you try to paint privilige as victimhood.
Many msians come sg look down on sgps, thinking once they r newly minted as citizens, get their hdb, retire comfortably as winners back in 3.5 bolehland.
@@Kunga-re8eg Look down in what way?
More people = more problems.
Frankly this all makes sense. In the US it is not as bad but it is also more or less the same. This is what happens when you have two things. Resources are held nearly captive by small groups of people. You don't have policy that focuses on empowering youth outside of education.
If I am a Malaysian, I would come to Singapore to work as well. Sure the money is great (exchange rate of 1:3.5), but culturally, there is no difference between a Malaysian and Singaporean. We pretty much are the same. Malaysians also have CPF in Singapore so the JB Labour minster's comment is pretty moot, I think.
no brainer for young malaysians
who bothers with epf when exchange rates are in multiples
saving 5 % sgd is like saving 15-20% myr
It's more important than ever to support each other. Buying local helps all of us in Singapore thrive. Let’s do this together! 🌟
Investing in local products means investing in Singapore. Let’s all lend our support and watch our community flourish.
Supporting local is not just good for our economy, it’s good for our spirit. Let’s keep our local industries strong and vibrant
You’re a small little city state, Singapore literally does not have the resources to support its current population. Singapore has at best enough resources to support 1/10th of its population, its very survival depends on export.
Haha you are dependent and global on global ponzi dollar system 😂😂😂
The last thing I will do is to support local businesses. Local businesses should be open to fierce competition with the rest of the world. If they need support from locals to stay afloat. Best to shut down the business now.
There are 2 things that governments all over the world need to do to help world economy:
1. Education system revolution
2. Land ownership system revolution
Misleading title, it is not asia but malaysia
a mnc's hiring manager accidentally forwarded me an email of his exchanges with headhunter. He mentioned he's interested in hiring me in Msia despite 40+% bump because my salary was cheap. It felt a bit of an insult, but that's the reality. 8 years later, I am amongst top single digit earners in Singapore. Thanks LKY, SG.
Because everyone only focus with formal sector jobs while in informal sector there are a lot of opportunities
i have seen a lot of SME, recuiting a lot.. of blue collar work.. that pay less but most people who had a degree or a diploma didnt even want to go sign up partly because the school fees is a lot.. and there is a lot of mismatch expectations... I dont blame them.. I just feel that the system is really flawed... at solving this problem.. where inflation is still on the rise...
Singapore graduate struggling too
So Liew wants a higher minimum wage? He better go talk to the governor of California and ask how that's been turning out...
In the early years I warned mankind, and mankind ignored my words, and now all the things I predicted have happened, and people say: What the hell is going on . this is human .
Yep they need to get their head out of their arses.
9:30 Not only SOUTH KOREA, INDIA TOO HAS high number of educated youth with high number of unemployment. Well most 90% of Indians are proud😅
Due to high interest rates, High inflation , We need a recession to reset everything
Seeing just how much South Koreans don't want to give hiring managers any reason to bin their application really puts into perspective how other countries' youths haven't done all they could yet
South Koreans really love money, as is the norm for Asians. Not everybody love money. Some people don't mind poverty
People hate each other. That's the truth of the world
When there are too many people, it is not surprising.
How many percent of citizens in SG is jobless?!
Usually in the range of 2%. Sometimes 3% or more during a global recession
@@John_Smith_86 does not seem
@@oldlee2706 yes, depends how they actually calculate the denominator. Dont think real numbers are published. There is only 1 plus million native citizens in the workforce. Excluding the new citizens and PR, and the seedlings of the new citizens.
Well definitely in Asia there is a youth employment crisis. This is some of the reason why young Chinese another ethnicity are desperately trying to enter the US from the southern border. The US still is offering better opportunities for anyone who make it. Young Asians are making these sacrifice in hoping to find prosperity in America.
That`s a lie the US have nothing to offer Europeans don`t give me that crap. Instead the US is much frowned on here!
Lots of work is now handled remotely in places like Vietnam, Philippines, India, etc... The execution is often professional and at a much lower cost. White collar jobs will be lost to them and pressure will come down hard on Singaporeans salary wise and other benefits. There is an acceleration of this trend since after covid. Companies realised they can work and organize themselves differently. Singaporeans were happy to enjoy work from home trend, but they will end up losing the battle. Working from a home in Philippines or Bedok is not much different for a company.
I had worked a job that was over 100 hours a week. That was the happiest job of my life.
100hrs/week ...sad🥹
One thing I noticed when hiring for contractors now, for those 21 to 25, they want money but they don’t want to do face to face interviews and they rather do avatars based online interviews. Many companies doesn’t allow avatars based online interviews but rather to see the face of the interviewee.
This was already predicted that the amount of youth employment will rise after covids. lots of business went down during covid, and after covid the world was hit with war that cause the price of many commodities rise highly. with high inflation, government will surely raise interest rate. this make it even harder for people to start their business again. and it will become even worse when your country have lots of corrupt policy maker.
there's probably a shortage of physical labours as well around the world as youths are becoming more and more educated. I think blue collars now are the way to go to earn money instead of white collars because we have too many white collars around and not enough blue collars. If I were a student now again I would pick being a blue collar for sure.
There is no future for the youth anymore
There is the rich need to step aside and stop hogging everything.
i literally applied for a research and data analyst internship 2 days ago and got a response today
@martinbrock713 Everyone in this world, including you was once a youth. So according to you, the world should have died. Where are your brains? In your rear?
no doubt 😊
Things will get 1000x worse once A.I. is your competitor for a job. You will be lucky to have enough to eat 3x a day while billionaires laugh at our expense.
It's a global problem but CNA need to present it as if SG aren't in the same dire situation.
CNA, the Singaporean state-owned media outlet, is at it again! Laying out the "troubles" in its neighbouring countries, implying that employment situation in Singapore locally is all well and good... 😆
And is it not? I have enjoyed a very good life here, despite my parents coming from a very humble background
umm SG is quite good for youngsters indeed. so basically they are earning at least double of wt in malaysia bt affording similar cost of living. Otherwise how can u explain those over million workers? So they are all bribed by SG gov for “propaganda” on SG good living right😂
One word to easily describe the whole job employment problem in the Malaysian state; NEPOTISM.
How can there be a Youth Employment Crisis? Everywhere on Social Media I see everyone earning at least $5000, buying Condominiums and enjoying Yearly Holidays 😂😂😂
Make Malaysia and Singapore a single market like the European Union. Free movement of people, capital and goods. Nationality remains unchanged.
japanese girl isn't representative of jp workers, shes quite "tatemae" because she needs to carry her company's brand. in local news, people are apprehensive, prices has been skyrocketing, japanese salaries are among the slowest in the developing countries, weak yen. it's almost a universal consensus here that working abroad is better! i cannot disagree tho that japan is a great place for leisure and safe travel
Low Salary , Boss / Manager want us to do 3 worker job , Boss doing greedy thing like don't want give Over-Time Payment or any other benefit. Malaysia Ringgit falling
Han sung ju is beautiful. She can just marry a rich man.
Searching for a job is a full time job.
Sounds completely wrong for the leader of the PAP to be more concerned about a seemingly inappropriate candidate being called out than relieved that a bad candidate was exposed before he had a chance to get into Parliament
You want higher salary, can you do more, more quality work that warrant higher salary ?
Do you want to pay more for same quality of goods or services ?
you can compare with USD. only work 8 hour for rm10000++ a month compare rm2800 for 12 hour 6 day a week.
What is Singapores is secret of success?
Good governance. Economists enjoy writing many many textbooks on how to become rich. Just follow the textbooks and it is easy. But of course, your own citizens will probably overthrow you if you tried that
That's easy, cause they don't have ot deal with Malaysian politicians.
And our youth in singapore especially the nus and ntu grad thinks that they are entitled for 6-8k pay. With malaysian and mainland chinese they are coming in way lower wages plus AI, these nus and ntu grads can sit at home and rot!
More Malaysians are married after 30 years old. After 25 years there will be more jobs than potential employees. 🤔🤔
Depressed our pay.
It over
If spread of money is equal because of money laundering, isn't it secretly supporting terrorism accidentally? Money is Strength, Strength Makes Life.
If their money of it is Legal-Type, if insert and create a bank record of their money, then moneyflow-function will be normal again, waiting for retrieval of gold from ship's accident will be too long?
Actual Salary should be highlight of News that should continue for Weeks and not About COVID been so many years. C.P.F created disability of moving and gains in life, people could've tried to be a door-to-door salesman. Culprit of gas would've been alot more witnesses(including from vehicles shots).
It’s tough everywhere.Get over it.Magic trick is doing the best with what you got and keep moving forward.Better than giving up
malaysia fix ur ringgit value first la. if u have strong ringgit u think malaysian will go to singapore become coolie?
MYR current issues Malaysian are struggling in spending power... Facts most are going Overseas.
Aha nice joke. How can they be struggling with spending power when they are earning SGD and consuming in Ringgits back home.
20:50 ngl i thought that the old guy is Satoshi Nakamoto which allegedly is the creator of Bitcoin
CNA why dont you feature youth unemployment in china or the china's foreign investor crisis or china's new security law or china's huge debt? Trying to protect your master??
Asia is not only Singapore and Malaysia , not worth watching
so why you are here to leave a comment ...?
Youngsters too picky. My first job start Nov 2011 only pay rm1500 monthly. The company struggles and frequently missed salary. but I stayed for experience. After two years I began job hunting. 5 years there until i got new job. Now my salary is almost rm5k. I married at age 36.
then you will continue to pop out more people to enter the job market ?
meh, im not singaporean so im not entitled to an actual opinion. but all i see is a bunch of adults trying to convince themselves that these youths aren't just going to get betrayed later on as the government/corporations then hires more foreign or non-singaporean cheap labor for the jobs that the youths don't want to do, but also strangely, these jobs are also the jobs these bunch of adults in these news videos, also don't want to do. so maybe that explains the unemployment rate. the problem maybe isn't the rate, the problem is our interpretations or understandings of it, and your limited, baby boomer dominant perspective as a news source.
Attacking in traffic jams is the most furious thing. Please work online.
I wonder if there's a correlation between the rise of mobile social media platforms and youth unemployment? I see that anyone under 35yo, they are always glued to their phones even at work. While it may take 20 seconds to check, but if they do that every five minutes, and half the time, they post or respond to someone, that's 2-3mins right there. That eventually means they are not productive up to 1/3 of the time... and that doesn't even factor in starting and restarting, which is also inefficient.
Take it from me, a 26 yr old filipino who is always glued to my phone up to this day but got a good-paying job as an accountant for an AUS firm. The big problem is the local companies. Local companies tend to be more demanding on performance but never equates it with right compensation
The south korean majoring in english literature but is using korean instead of english in malaysia, hmm
Good point. lolz
interesting =.= no one said that AI made things simpler.
10:19, english lit major, interview in korean lol