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Real Incomes Rise in 2024 as Wages Increase and Inflation Eases

Real Incomes Rise in 2024 as Wages Increase and Inflation Eases

2024年实际收入因工资上涨和通胀减缓而上升
Singapore Business Review ·  11/29 17:00

Both lower- and median-income workers experienced an increase in real incomes.

低收入和中等收入工人的实际收入均有所增加。

Real incomes for Singaporeans rebounded from 2023 levels, driven by higher nominal incomes and eased inflation, the Ministry of Manpower (MoM) reported.

人力部(MoM)报告称,在名义收入增加和通货膨胀缓解的推动下,新加坡人的实际收入从2023年的水平回升。

Nominal incomes for both lower-income (P20) and median-income (P50) workers in Singapore increased in 2024, rising by 7.1% to $3,026 and 5.8% to $5,500, respectively.

新加坡低收入(P20)和中等收入(P50)工人的名义收入在2024年均有所增长,分别增长7.1%至3,026美元,增长5.8%至5,500美元。

These increases, coupled with eased inflation, led to real income growth of 4.6% for P20 workers and 3.4% for P50 workers, recovering from declines of 3.0% and 2.2% in 2023.

这些增长,加上通货膨胀的缓解,使P20工人的实际收入增长了4.6%,P50工人的实际收入增长了3.4%,从2023年下降的3.0%和2.2%中恢复过来。

Notably, P20 income growth outpaced P50 income growth, resulting in an improvement in the P20 to P50 income ratio to 0.55 in 2024, up from 0.54 in 2023 and 2019, and 0.52 in 2014.

值得注意的是,P20的收入增长超过了P50的收入增长,导致P20与P50的收入比率从2023年和2019年的0.54以及2014年的0.52提高至2024年的0.55。

MoM expects greater increases in P20 income in the coming years, as increases in nominal wage requirements negotiated by tripartite partners under the Progressive Wage Model (PWM) are gradually implemented.

妈妈预计,随着三方合作伙伴在累进工资模式(PWM)下谈判提高名义工资要求的逐步实施,未来几年P20收入将进一步增加。

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