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1 in 4 private degree holders unemployed!

Scrooball (clone)

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1 in 4 private school grads unemployed, involuntarily working part-time 6 months after graduation
By LOUISA TANG
university_graduate.jpg
TODAY file photo
Published10 APRIL, 2019
UPDATED 11 APRIL, 2019

SINGAPORE — About one in four (27.2 per cent) fresh graduates from private education institutes were either unemployed and still looking for a job, or in involuntary part-time or temporary employment, six months after graduating last year, the latest graduate employment survey has shown.
This is higher than the 9.3 per cent of fresh graduates from four autonomous universities — Nanyang Technological University, National University of Singapore, Singapore Management University and Singapore University of Social Sciences — who were in the same employment situation and 8.9 per cent of polytechnic graduates who have completed their National Service obligations.

This is the first time that the Committee for Private Education (CPE), which released its findings from the annual survey on Wednesday (April 10), has tracked involuntary part-time or temporary employment among private school graduates. This refers to those who tried but have failed to get a full-time permanent job offer so far.
The survey results were similar to last year’s, said SkillsFuture Singapore in a press release. Fresh graduates from the 2017/2018 cohort had marginally higher employment rates and the same median gross monthly salary — S$2,650 — as compared to the previous cohort.

Nevertheless, these figures continued to pale in comparison to autonomous university graduates, who earned a median gross income salary of S$3,500 and saw a 90.2 per cent overall employment rate.

The CPE surveyed about 2,800 fresh graduates from 40 private education institutes who are either working or are actively looking and available for a job. Graduates from 27 of the schools completed full-time bachelor’s level external degree programmes from between May 2017 and April 2018.
Here are some figures from the survey:
  • Overall employment rate: 80.7 per cent
  • Full-time permanent employment rate: 48.2 per cent
  • Proportion of freelancers: 5.7 per cent
  • Part-time/temporary employment rate: 26.8 per cent
    • Voluntary: 16.1 per cent (those who do not want to be employed full-time for a reason, such as preparing to begin further studies)
    • Involuntary: 10.7 per cent
  • Unemployment rate: 19.3 per cent
    • Unemployed but starting work soon: 2.8 per cent
    • Unemployed and still looking for a job: 16.5 per cent
  • Median gross monthly salary (full-time permanent employment): S$2,650
 

Huatable

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Fake news.

The % is higher if you deduct those underemployed who are forced to work as freelancers, tutors, drivers, insurers, agents, etc.
Jobs that don't require a degree in the first place.
 

Scrooball (clone)

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Fake news.

The % is higher if you deduct those underemployed who are forced to work as freelancers, tutors, drivers, insurers, agents, etc.
Jobs that don't require a degree in the first place.

Good point. And honestly, if Median gross monthly salary (full-time permanent employment): S$2,650, then might as well go do some retail or shop assistant job.
 

syed putra

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U are really a piece of work. Everything can also be pinned down to racism.

I bet u complain of racism when it rains.
You have to be a minority to understand the situation. Only place that will accept minorities sre multinstionals. Gshmen will employ minorities in the lower grades.
 

Scrooball (clone)

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You have to be a minority to understand the situation. Only place that will accept minorities sre multinstionals. Gshmen will employ minorities in the lower grades.

That's rubbish.

I have seen local businesses hire minorities. For example, I have seen Old Chang Kee hire malays and indians.
 

syed putra

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That's rubbish.

I have seen local businesses hire minorities. For example, I have seen Old Chang Kee hire malays and indians.
Low paid jobs. Not executive positions. I thought old chang kee got pork puffs, getting malays to work with low pay handling pork is persecution.
 
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