Understanding GDP: Key Economic Indicator for Growth
Understanding GDP: Key Economic Indicator for Growth
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Vulcan Post on Instagram: "“GDP up, but no jobs?” You’re not imagining it. Singapore’s economy is growing, but companies aren’t hiring the way they used to. High-value sectors add billions with very few roles, automation replaces headcount, CEOs stay cautious about what’s ahead, and an ageing, tightly controlled workforce pushes firms to grow through productivity instead of people. So when fresh grads struggle, and mid-career workers feel stuck, it’s not a contradiction: it’s the new reality. GD
1:53
Vulcan Post on Instagram: "“GDP up, but no jobs?” You’re not imagining it. Singapore’s economy is growing, but companies aren’t hiring the way they used to. High-value sectors add billions with very few roles, automation replaces headcount, CEOs stay cautious about what’s ahead, and an ageing, tightly controlled workforce pushes firms to grow through productivity instead of people. So when fresh grads struggle, and mid-career workers feel stuck, it’s not a contradiction: it’s the new reality. GD
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