Friday, October 7, 2011

Unstable employment and fall in fertility

Lucky Tan wrote this article about the impact of unstable employment on the fertility rate. When people are unsure about their employment, they are reluctant to get married and start a family. In my view, the situation is worse in Singapore than in other countries, so we have one of the lowest birth rate in the world. This is a key reason why the measures taken by the Government to boost the birth rate during the past 25 years have failed to produce the desired results - as they do not address the underlying causes - the unstable employment and increasing cost of living.