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AsiaOne
28-05-2025
- Business
- AsiaOne
Fewer private university grads find full-time jobs in 2024, compared to 2023, Singapore News
Fewer private university graduates found full-time jobs within six months of graduating in 2024 than in the previous year. According to the 2024 Private Education Institution Graduate Employment Survey, 74.8 per cent of 2,300 fresh graduates from private education institutions (PEIs) in the labour force found permanent, freelance or part-time jobs within six months of graduating, a decrease from 83.2 per cent in 2023. Less than half or 46.4 per cent of them found full-time work within six months in 2024 as compared to 58.7 per cent in 2023. The survey results, which were released by SkillsFuture Singapore on Tuesday (May 26), also showed that more PEI graduates were in part-time or temporary jobs (24.2 per cent, up from 18.9 per cent in 2023), while fewer took on freelance work (4.2 per cent, down from 5.7 per cent in 2023) within the same period. A total of 3,500 graduates across 27 PEIs took part in the survey. The statistics appear to signal a weaker overall hiring demand than previous years amid slowing economic growth. However, the median gross monthly salaries of those in full-time work were found to have risen to $3,500 in 2024, from $3,400 in 2023. Graduates from the Parkway College of Nursing and Allied Health as well as ERC Institute, which offers degree courses in business and technology among others, took home the highest pay with a median gross monthly salary of $4,000, followed by graduates from the Singapore Institute of Management who earned a median salary of $3,600. A graduating student from Curtin University, who wished to be known as Heng, told AsiaOne that she was able to secure a job in February, within a month of finishing her classes. "I do feel glad I managed to secure my job that soon, but I realise it is more important to source for jobs which are aligned with my goals and needs as well," she said. Heng stated that her starting pay was around the median salary of $3,281 for graduates from her university, but declined to reveal the exact number. The 23-year-old, who studied Accounting and Finance, eventually left her first full-time job as an accountant at a local firm after two months, as she felt it was not aligned with her learning and development goals. She then pivoted to working as a financial advisor at the insurance arm of a bank. The private education survey, conducted between November 2024 and March 2025, recorded responses from about 3,500 fresh graduates of full-time bachelor's degree programmes across 27 private institutions, including James Cook University, PSB Academy and Management Development Institute of Singapore. The poll findings focused on employment outcomes of those who graduated between May 2023 and April 2024 from full-time bachelor's-level external degree programmes. The survey also found that those from information and digital technologies commanded the highest median gross monthly salary at $4,080, followed by humanities and social sciences at $3,500. Graduates from engineering courses in private institutions had the highest proportion in full-time permanent jobs at 55.3 per cent, followed closely by those in the sciences, at 51.8 per cent. Out of the survey respondents, 28.3 per cent were either unemployed and looking for jobs, or in involuntary part-time or temporary employment. [[nid:714878]]
Time of India
27-05-2025
- Business
- Time of India
Declining Employment Rates: Only 75% of Private School Graduates in Singapore Find Jobs Within 6 Months, ETHRWorldSEA
Advt By , Agencies 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 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 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 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 Times
Straits Times
26-05-2025
- Business
- Straits Times
Less than half of private uni grads find full-time jobs, despite slight increase in salaries
The median gross monthly salaries of those in full-time work in 2024 crept up to $3,500, compared with $3,400 in 2023. PHOTO: ST FILE Less than half of private uni grads find full-time jobs, despite slight increase in salaries SINGAPORE - Less than half of fresh graduates from private education institutions found full-time jobs in 2024, amid slowing economic growth and lower hiring demand. The latest Private Education Institution Graduate Employment Survey, released by SkillsFuture Singapore on April 26, showed that 46.4 per cent of fresh graduates found full-time work, compared with 58.7 per cent in 2023. More of these graduates found part-time or temporary work ( 24.2 per cent, up from 18.9 per cent in 2023), while fewer were doing freelance work ( 4.2 per cent, down from 5.7 per cent in 2023). Overall, of the 2,300 fresh graduates in the labour force – those who are working, or not working but actively looking and available for jobs – surveyed, 74.8 per cent found permanent, freelance or part-time jobs within six months of graduating, a drop from the 83.2 per cent in 2023. The median gross monthly salaries of those in full-time work in 2024 crept up to $3,500 , compared with $3,400 in 2023. Those from Parkway College of Nursing and Allied Health and ERC Institute, which offers degree courses in business and technology among others, took home the most pay at $4,000 , followed by graduates from the Singapore Institute of Management earned $3,600 . Fresh graduates from autonomous universities, such as Nanyang Technological University and the National University of Singapore, started with a median monthly salary of $4,500 , according to the joint employment survey for the 2024 cohort of these graduates. Results of the survey were released on Feb 24. About 79.5 per cent of graduates from autonomous universities secured full-time permanent roles within six months of graduation , with 6 per cen t doing part-time or temporary work, an d 1.6 per cent working freelance. Post-national service (post-NS) polytechnic graduates, meanwhile, started with a median monthly salary of $3,000 , up from $2,963 in 2023. The latest survey, conducted between November 2024 and March 2025, took responses from about 3,500 fresh graduates of full-time bachelor's degree-level graduates across 27 private institutions , including James Cook University, PSB Academy and Management Development Institute of Singapore. Out of this figure, about 2,300 graduates were in the labour force. The poll findings f ocused on employment outcomes of those who graduated between May 2023 and April 2024 from full-time bachelor's-level external degree programmes. Among 2024's graduates from private institutions, 28.3 per cent were either unemployed and looking for jobs, or in involuntary part-time or temporary employment. The figure was 10.7 per cent for graduates of autonomous universities, and 7.2 per cent for post-NS polytechnic graduates. Graduates from engineering courses in private institutions had the highest proportion in full-time permanent jobs at 55.3 per cent, followed closely by those in the sciences, at 51.8 per cent. Those from information and digital technologies commanded the highest median gross monthly salary at $4,080, followed by humanities and social sciences at $3,500. Salaries for engineering and arts-related graduates were not published due to small sample sizes. Gabrielle Chan is a journalist at The Straits Times, and covers everything related to education in Singapore. Join ST's WhatsApp Channel and get the latest news and must-reads.
Business Times
26-05-2025
- Business
- Business Times
Less than 75% of fresh graduates from private institutions secure jobs within 6 months
[SINGAPORE] Fewer than three in four fresh graduates from private education institutions found employment within six months of graduation, based on the Private Education Institution (PEI) Graduate Employment Survey 2023/2024 released by SkillsFuture Singapore (SSG) on Monday (May 26). The survey was conducted between November 2024 and March 2025, and received responses from about 3,500 graduates across 27 PEIs, out of which about 2,300 were in the labour force. About 74.8 per cent of the 2,300 fresh graduates secured employment within six months of graduation. This was a dip from 83.2 per cent for the 2022/2023 cohort, reflecting weaker overall hiring demand as compared to previous years. In particular, 46.4 per cent found full-time permanent employment, 24.2 per cent found part-time or temporary employment, and 4.2 per cent took on freelance work. However, the median gross monthly salary of PEI fresh graduates in full-time permanent employment from the 2023/2024 cohort rose to S$3,500, an increase from S$3,400 in the previous year. Graduates from the engineering, sciences and business course clusters had the highest percentages of graduates in full-time permanent employment. Meanwhile, the information and digital technologies course cluster reflected the highest median gross monthly salary in 2024. In Budget 2025, workforce support measures were introduced to help workers, including fresh graduates, navigate the uncertain economic landscape. This is intended to support individuals in their continual skills development, where PEI graduates can tap SSG's and Workforce Singapore's resources such as the Jobs-Skills portal for insights on in-demand and emerging skills.
Business Times
26-05-2025
- Business
- Business Times
Less than 75% of fresh graduates from private education institutions secure jobs within 6 months of graduation
[SINGAPORE] Fewer than three in four fresh graduates from private education institutions found employment within six months of graduation, based on the Private Education Institution (PEI) Graduate Employment Survey 2023/2024 released by SkillsFuture Singapore (SSG) on Monday (May 26). The survey was conducted between November 2024 and March 2025, and received responses from about 3,500 graduates across 27 PEIs, out of which about 2,300 were in the labour force. About 74.8 per cent of the 2,300 fresh graduates secured employment within six months of graduation. This was a dip from 83.2 per cent for the 2022/2023 cohort, reflecting weaker overall hiring demand as compared to previous years. In particular, 46.4 per cent found full-time permanent employment, 24.2 per cent found part-time or temporary employment, and 4.2 per cent took on freelance work. However, the median gross monthly salary of PEI fresh graduates in full-time permanent employment from the 2023/2024 cohort rose to S$3,500, an increase from S$3,400 in the previous year. Graduates from the engineering, sciences and business course clusters had the highest percentages of graduates in full-time permanent employment. Meanwhile, the information and digital technologies course cluster reflected the highest median gross monthly salary in 2024. In Budget 2025, workforce support measures were introduced to help workers, including fresh graduates, navigate the uncertain economic landscape. This is intended to support individuals in their continual skills development, where PEI graduates can tap SSG's and Workforce Singapore's resources such as the Jobs-Skills portal for insights on in-demand and emerging skills.
