Declining Employment Rates: Only 75% of Private School Graduates in Singapore Find Jobs Within 6 Months, ETHRWorldSEA
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Fewer than three in four fresh graduates from Singapore's private education institutions (PEIs) secured employment within six months of graduation, according to the latest 2023/2024 Graduate Employment Survey by SkillsFuture Singapore (SSG). Conducted between November 2024 and March 2025, the survey polled around 3,500 graduates from 27 PEIs, with results pointing to a decline in hiring outcomes amid a cooling labour market.Only 74.8% of the 2,300 respondents in the labour force were employed within six months, down from 83.2% the previous year. Just 46.4% landed full-time permanent roles, while 24.2% were in part-time or temporary jobs, and 4.2% took up freelance work.Despite the fall in employment rates, salaries showed modest growth. Median gross monthly pay for PEI graduates in full-time permanent jobs rose to S$3,500, up from S$3,400 a year ago. Graduates in information and digital technologies courses commanded the highest median salary, while those in engineering, sciences, and business fields had the strongest full-time employment outcomes.In light of these figures, workforce support for young graduates has become more urgent. Budget 2025 introduced several initiatives aimed at helping new entrants navigate a more uncertain job market. PEI graduates are encouraged to use SSG and Workforce Singapore platforms like the Jobs-Skills portal to identify in-demand skills and tap into reskilling and upskilling opportunities for better employability.Business Times
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