Chan Chun Sing: The $7k vs. $10k Job Dilemma in Singapore

"Suppose a Singaporean worker is earning S$5,000 today. We bring in a new investment that can create two new jobs: one paying S$7,000 and another S$10,000.

The Singaporean can only get the S$7,000 job today, because he does not yet have the skills or experience for the S$10,000 job. Should we take the investment?" - Singapore's Minister for Trade and Industry Chan Chun Sing said in Parliament on Jan. 6, 2020.

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