Wednesday, November 7, 2007

NEETs

Was talking with J this morning about the role of NEETs in our society. For the unintiated, NEET refers to people who are Not in Education, Employment and Training. There's a sizable portion of NEETs in the UK. Due to the influx of cheap labour, the locals are squeezed out of the market and some are reluctant to 'upgrade' themselves due to a variety of reasons.

Now... wait a minute... that sounds familiar isn't it? Oh well.

I was wondering the other day, how does the statistics of job creation and allocation look back home. I mean, is it possible for a nation to be rich but its people poor?

At the end of the day, when a nation is in crisis, you cannot expect foreign talent to defend the nation. I'll be the first to head for Heathrow Airport if I sense any trouble at all. I'm sorry to say that, but hey, I'm a Singaporean. Likewise, foreigners will leave Singapore in droves when they sniff trouble, correct me if I'm wrong. And distributing PRs to them freely will not help either.

But at the end of the day, it's about competitiveness. It's about who gets the job done reasonably well at a reasonable price. Keeping our fingers crossed and hope that the number of NEETs will be kept reasonably low.

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