Fewer New Jobs In Next 5 years

                         Following the economic crisis, only about 45,000
                         jobs are expected to be created each year,
                         compared to the pre-crisis figure of 83,000

                         By LYDIA LIM

                         JOB creation has slowed since the economic crisis.

                         About 45,000 jobs a year are expected to be created
                         over the next five years, significantly fewer than the
                         pre-crisis figure of 83,000 new jobs a year from
                         1992 to 1997, Manpower Minister Lee Boon Yang
                         said.

                         Jobs will grow fastest in the services and
                         information-technology (IT) sectors, he said, boosted
                         by rapid growth in Internet and e-commerce
                         activities.

                         Dr Lee was responding to Pasir Ris MP Charles
                         Chong, who chairs the Government Parliamentary
                         Committee for Manpower. Mr Chong had asked
                         about a manpower-planning framework to identify
                         manpower trends in Parliament on Saturday.

                         Such a framework has been set up under the National
                         Manpower Council, which Dr Lee chairs. He said it
                         held its first meeting last month. In the next five years,
                         he said, the annual job-growth rate will be fastest in:

                          Business services (8,800).

                          Financial intermediation (5,900).

                          Computer-related activities (4,700).

                          Transport and logistics (4,000).

                          Education (2,800).

                          Health care (2,300).

                          Wholesale trade (1,900).

                          Petroleum and chemical (1,400).

                         This is provided the economy grows steadily at an
                         average of 5 per cent a year. The projection is also
                         based on what the council knows about investment
                         trends and business opportunities in the short term.

                         More important than numbers, Dr Lee said, is "the
                         projected change in demand in the different sectors of
                         the economy". In manufacturing, lower-value-added
                         jobs will continue to be replaced by
                         higher-value-added ones.

                         The Economic Development Board's Industry 21 plan
                         will generate about 15,000 jobs a year, two-thirds of
                         them for "fairly highly-skilled" workers.

                         New jobs will also be created in the electronics,
                         chemical and life-sciences industries, while
                         restructuring of the light manufacturing and electronics
                         industries will lead to more job losses.

                         In line with the move to knowledge-based activities,
                         demand for educated workers with degrees, diplomas
                         or post-secondary education will continue to grow,
                         while demand will shrink for workers with secondary
                         or lower education.

                         To help workers affected by such changes, the
                         council has recommended extending the Skills
                         Redevelopment Programme and the Strategic
                         Manpower Conversion Programme to more
                         industries, to help workers upgrade and find new jobs
                         if necessary.

                         It has also set new targets for university and
                         polytechnic intakes. The universities must enrol more
                         engineering, computer science, communications
                         studies and pharmacy students, and the polytechnics
                         must take in more students for media studies and
                         health-related subjects.

                               Adapted from The Straits Times, 13 Mar 2000.