Income up by 0.5%

http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_461043.html

THE income of Singapore workers has hardly moved, climbing a paltry $10 in one year to $2,600 this June. This rise in the median monthly income of full-time workers works out to a mere 0.5 per cent.

In contrast, their income last year soared by 11 per cent and in 2007, by 7.7 per cent.

Latest official figures also showed that part-timers did not fare much better.

Their increase was 3.33 per cent, from $600 last June to $620, said a Manpower Ministry survey released on Monday.

Despite the increases, the overall median income of resident workers, including permanent residents, went down.

The reason is the bigger pool of part-timers in the workforce, caused partly by a change in definition by the ministry, which conducts the survey annually in June.

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now cannot afford to be too optimistic
what I hope to do.. is to maintain my savings figures