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Youth worry about rising costs and jobs

Nine out of 15 interviewed concerned they won't be able to buy a flat and car

Published on Jan 30, 2014 7:59 AM
PM Lee assured young Singaporeans about the future at a ministerial forum held at Nanyang Technological University on Tuesday night. -- ST PHOTO: AZIZ HUSSIN

Young people here are anxious about achieving a First World standard of living amid rising costs and more intense competition for jobs and at work.

These worries contribute to regrets among some in being born too late to enjoy the leap in standards of living of their parents' time, they said in response to Prime Minister Lee Hsien Loong's assurance on the matter.

In a dialogue with over 1,200 undergraduates at Nanyang Technological University (NTU) on Tuesday evening, Mr Lee said young Singaporeans need not worry about having a tougher time than their parents because they were born too late.

With globalisation and advances in technology, he said he expects the next 50 years to be an exciting if uncertain time.

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