Breaks out to new high mah



This post has been edited by SKY 1809: Aug 15 2012, 04:49 PM

Most companies prefer to hire fresh grads instead of those over 30.
I suppose you are very young. If you are over 30, you'll know how difficult it is to get a job.

If hiring. If a person >50 years old working, I doubt they will need replacement. Increase that to another 10-20 years, we can see how many jobless grad waiting to take over their jobs

Thing is, one of the main point is low salary here.
Because of low salary, many old fella, be it 55 or 60 year old, still not saving enough money to live for another 15 years (if they die at 70-75 year old).
And it's not a good idea to throw away the old ones just for the purpose of increasing jobs for the young ones. What we should do is to increase jobs, be it for the old ones or the young ones, same same. Because either old ones or young ones, jobless still an issue (as stated above, salary too low so savings not enough).
Just my view.

I notice old people in SG work in KFC, mcdonald. Can we do the same in malaysia.

in those advance country, they prefer senior citizen to work as toll operator, cashier and restaurant worker.

But in Malaysia, due to cheap labor, who want to hire those senior citizen with low productivity

can but health cannot everyday eat KFC and burger need to go IHH or KPJ more often or even worst then back to square one (money earn = money spend maybe more) .....

Wah.. CI in green 0. Fatt Fatt

yellowman laughing all the way to the bank today.

yok, once mention msports close green immediately so keng ahhh...... call more often pls

With more automation, jobs will be getting lesser and lesser, whether we like it or not. IMO, there is no way to increase jobs but still possible to maintain jobs. Salary is one thing, the main thing is every govt in the world are actually spending the citizen's retirement fund. They spend it and hope to use the new generations' fund to cover the old one, but not enough, so extending the retirement age will be the only way. In Malaysia, we can still withdraw at 55, as of today, but in US, you will get penalty if you withdraw before the official retirement age. If it only happens in Malaysia, yes, it is low salary. Now in fact it has already happen to US and Euro Zone. Our salary is higher than theirs? I doubt so.

my points of argument is not purely salary its liased with purchasing power..... which the latter is more appropriate if we discuss about the costs of living ....... rm 3k salary can buy rm 4 per meal, can easily survived and got saving ...... compare with rm 3k salary can buy rm 6 per meal means purchasing power is lower....... i will prefer we can control the inflations and workout a formula (personal spending) to adapt to the money we earned monthly which most of the ppl is fixed unless is commisions based workers .......

That's why foreign investment into our country is very important. BN (got help from advisors TTB/Ajib's bro in CIMB etc) is on the right track aggressively inviting foreign investors to come in our country. This is the only way to increase jobs in the country without spending too much of our own money (be it from EPF or so). Look at SG and we all know how many Malaysians are now there working. Singapore has massive foreign investments and therefore created much more jobs than their citizens need.

One of the major issue of western countries is that they don't save, they just spend. That's why China is so rich now. It's basically these rich western economy (with high salary) giving money to China from their very high purchasing power. On the other hand, created lots of jobs for China to produce products for the westerners to buy.

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Added on August 15, 2012, 5:14 pmLast time when I were in the US college, my room mate, an American, basically have zero savings. He just work part-time in the school's canteen, and got free food from it, and then spend ALL of his salary to buy bags, clothes, magazines etc. Each month, he has zero savings. If next month he not working, he will come to me asking me to borrow him some money to buy soap etc. And how old was he? 25 year old, a rather old undergrad student who suppose to be mature.

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Added on August 15, 2012, 5:15 pmi no good at this. pana gold finger stronger. but this is red-chip, "investors" won't like it.

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Added on August 15, 2012, 5:19 pmMalaysia 2Q GDP grows 5.4% vs 4.9 in 1Q.

http://www.theedgemalaysia.com/business-ne...s-49-in-1q.html


This post has been edited by yok70: Aug 15 2012, 05:19 PM

any tanjung offshore berhad shareholders here? wat's going on with the restricted offer for sale stuff?

Westerners don't save because they pay high taxes, and get pension in return.
Chinese save a lot partly because of traditional values, and partly because they have neither pension plan nor medical insurance coverage.

CIMB quarterly result was out, yoy EPS up 14.4%.............EPS 14.93c

Today got anyone bring back gold bar? Seems like yellow man brought home some

just enjoy the ride

In SG, they have the rule to hire old people to work as those. But in majority of the developed nation, there is no such rule, that's why every1 is scrambling for those jobs, but the youngsters there don't like to do the dirty job, although I must admit, the pay for these dirty jobs are not low.

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Added on August 15, 2012, 5:55 pmI think China is govt rich, citizen poor, while in US, many of the citizens still able to survive, but yeah, the westerners don't save as much, but more obvious in US due to the banking rules over there, while the Eurozone people still save a lot. Asians are slower to be independent, thus, the working generation now will be sandwich in between their parents and children. In many of the western nations, once you are 18, you are on your own, but here, imagine during my uni time, almost all of my friends getting allowance from family. I think I was the rare one having to work part time to earn my living.

This post has been edited by jasontoh: Aug 15 2012, 05:55 PM

ya, all depends on parents one. just graduated already got parents bought them new car. And the youngsters who earn 2-3k a month can change smartphone yearly and buy ipad, can afford go coffee bean few times a week. And many of them expect the first installment of their first house to be paid by their parents as well. It's expected, if parents did not buy, they even not happy.

they are so weak. But you are the strong one, started work early.