Suruj: 75 per cent earning under $6000 a month

[ek4ever]

Just something to yap about as if any politician gives a fcuk about the rest of us

[Spitfir3]

sounds kinda believable, i thought it was pretty much obvious most people in trinidad can't afford a house
unless you inherit a piece of land or a fixer upper is pressure

all that said 6k ain't too bad, most entry level jobs you lucky to get anywhere close to 4k

[pugboy]

Yes, it is a false reality that both govts like to bandy about
That everybody can and should afford a house
Nice to think but not so easy to make real

In many countries it not so easy to own a house financially either

[Dizzy28]

Sometimes a little numbers to bring some sense to a discussion

Based on a 2013 NIS report, the largest segment of salaried individuals actually work for greater than 10,000/month based on the contribution rates at that time.
This excludes second incomes as well that a lot of persons would have such as rental income, side businesses/hustles etc.

Maybe Suruj included all those persons of school age, unemployed ppl etc

[neilsingh100]

Sometimes a little numbers to bring some sense to a discussion

Capture.JPG

Based on a 2013 NIS report, the largest segment of salaried individuals actually work for greater than 10,000/month based on the contribution rates at that time.
This excludes second incomes as well that a lot of persons would have such as rental income, side businesses/hustles etc.

Maybe Suruj included all those persons of school age, unemployed ppl etc

Can you share a link to the report?

[Dizzy28]

Sometimes a little numbers to bring some sense to a discussion

Capture.JPG

Based on a 2013 NIS report, the largest segment of salaried individuals actually work for greater than 10,000/month based on the contribution rates at that time.
This excludes second incomes as well that a lot of persons would have such as rental income, side businesses/hustles etc.

Maybe Suruj included all those persons of school age, unemployed ppl etc

Can you share a link to the report?

Its from a confidential report we asked (stats wise) for in support of their 9th Actuarial Review. However under FOIA I don't see why you all wouldn't be able to request the same. We got it from the NIS office in El Socorro (AP Scott building)

The 9th Actuarial Review can however be found -
http://www.nibtt.net/Downloads/download ... (June_2015)_Final.pdf

[Redman]

Sometimes a little numbers to bring some sense to a discussion

Capture.JPG

Based on a 2013 NIS report, the largest segment of salaried individuals actually work for greater than 10,000/month based on the contribution rates at that time.
This excludes second incomes as well that a lot of persons would have such as rental income, side businesses/hustles etc.

Maybe Suruj included all those persons of school age, unemployed ppl etc

Clearly the data does not support Mr Rambachan.

[neilsingh100]

Sometimes a little numbers to bring some sense to a discussion

Capture.JPG

Based on a 2013 NIS report, the largest segment of salaried individuals actually work for greater than 10,000/month based on the contribution rates at that time.
This excludes second incomes as well that a lot of persons would have such as rental income, side businesses/hustles etc.

Maybe Suruj included all those persons of school age, unemployed ppl etc

Clearly the data does not support Mr Rambachan.

Based on those stats 40% work for $6000/month or less

[ADONI]

Like they wah charge more NIS again or???

[AlphaMan]

Suruj was right...
https://guardian.co.tt/business/central ... b5630c0d4c

[agent007]

Population: 1,414,070
Non-institutional population 15yrs old and over: 1,075,800
Labour force: 598,500
Employed: 570,300
Employed in private sector: 487,300
Employed in public service: 83,000
Not in labour force: 477,300
Population under 15yrs old: 274,532
Total Unemployed: 59,300
Unemployed: 28,200
Unemployed but looking for jobs: 22,100
Other Unemployed: 9,000

Labour force to population: 42.3%
Employed to labour force: 95.2%
Unemployed to labour force: 9.9%

Assuming that the above data is correct and assuming the 75% still stand, then 427,725 persons fall into the 6,000 /month range, thus leaving us with 142,575 making more per month.

Based on just anecdotal data, I would like to assume that the figure is actually closer to 300,000, but I could be wrong.

[hover11]

The aforementioned article is approximately 5 years old, 6000 dollars now is dog money with inflation factored in

[bluefete]

Sometimes a little numbers to bring some sense to a discussion

Capture.JPG

Based on a 2013 NIS report, the largest segment of salaried individuals actually work for greater than 10,000/month based on the contribution rates at that time.
This excludes second incomes as well that a lot of persons would have such as rental income, side businesses/hustles etc.

Maybe Suruj included all those persons of school age, unemployed ppl etc

Yuh see how you put that statement detracts from the truth but you were not wrong if classifying by segment:

Try this - 315,000 people work for under $10k and 185,000 people work for $10k or more.

[hover11]

Let us factor in something else how many people work for CEPEP , URP and other make shift programmes under the government also even the government workers how many actually make 6000 dollars gross every month even in this present year. For example a clerk 1 is making 5000 on a 2013 salary, based on the article what type of standard of living do the citizens of this country have?

[bluefete]

Let us factor in something else how many people work for CEPEP , URP and other make shift programmes under the government also even the government workers how many actually make 6000 dollars gross every month even in this present year. For example a clerk 1 is making 5000 on a 2013 salary, based on the article what type of standard of living do the citizens of this country have?

You may not agree but our standard of living is way better than what the people of Sri Lanka are going through.

This is not to downplay the hardships that many of our people are going through.

[DMan7]

Does the statistics take into account persons who working more than 1 job which may end up totaling more than 6K per month rather than just 1 job generated 6K or less per month for that 1 person?

[Kickstart]

Pnm will say it's not their job for you to meet cost of living

[KM_2NR]

Pnm will say it's not their job for you to meet cost of living

Is it? I don't think it is , Rowley is not your daddy. Its up to every man jack to survive on his/her own.

[hover11]

Pnm will say it's not their job for you to meet cost of living

Is it? I don't think it is , Rowley is not your daddy. Its up to every man jack to survive on his/her own.

Actually it is their Job.

A government's basic functions are providing leadership, maintaining order, providing public services, providing national security, providing economic security, and providing economic assistance. This is why we don't demand much from our politicians, we quick to say that's not their wuk.

[MaxPower]

So all these people partying and braying all over T&T have an income of $6000 and less?

Where they getting the money?

How is it the Avenue and popular sport bars always ram out?

Anyone ever see the scene in Lazy Lizard?

Carnival 2023 is on or off?

Allyuh sure 6000 is not enough?

[Kickstart]

So all these people partying and braying all over T&T have an income of $6000 and less?

Where they getting the money?

How is it the Avenue and popular sport bars always ram out?

Anyone ever see the scene in Lazy Lizard?

Carnival 2023 is on or off?

Allyuh sure 6000 is not enough?

I guess kess fete more important

[hover11]

So all these people partying and braying all over T&T have an income of $6000 and less?

Where they getting the money?

How is it the Avenue and popular sport bars always ram out?

Anyone ever see the scene in Lazy Lizard?

Carnival 2023 is on or off?

Allyuh sure 6000 is not enough?

You remember this is the same ppl that take loans to buy to buy their costumes

Trinidadians have a weird way of showing how things hard boi..this is one of the reasons why this government will never take on ppl...throw a fete and tickets selling like hot bread...

[MaxPower]

The Govt thinking is If they could buy rum and fete ticket, then they can more than enough take another raise in living expenses.

Allyuh realize flour raise right?

Does the nation really feel affected?

Where are the poor people who really cannot afford it?

[adnj]

The Govt thinking is If they could buy rum and fete ticket, then they can more than enough take another raise in living expenses.

Allyuh realize flour raise right?

Does the nation really feel affected?

Where are the poor people who really cannot afford it?

Wheat prices have dropped to November 2021 prices.

---------

The U.S. dollar continues to move higher and is trading at the highest price since 2002. Crude oil is down $1.30 per barrel and the stock market has rallied well off of its early day lows. The Dow is down just 136 points.



https://www.agriculture.com/markets/com ... ly-11-2022

[K_J_R]

The Govt thinking is If they could buy rum and fete ticket, then they can more than enough take another raise in living expenses.

Allyuh realize flour raise right?

Does the nation really feel affected?

Where are the poor people who really cannot afford it?

Wheat prices have dropped to November 2021 prices.

---------

The U.S. dollar continues to move higher and is trading at the highest price since 2002. Crude oil is down $1.30 per barrel and the stock market has rallied well off of its early day lows. The Dow is down just 136 points.



https://www.agriculture.com/markets/com ... ly-11-2022

the very investigative media in trinidad will not report this.