Over 90% of fresh grads from 2012 cohort employed
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What about those from private uni?
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I think we also have to look at things from the broader perspective. If the 9% is really true unemployment (i.e. minus those waiting for further studies, intentionally want to idle type), then I would say it’s a worrying sign. Because 9% is significantly higher than the 2-3% national unemployment rate. A lot of countries such as south korea, US and Spain have a disporportionately high % of young people unemployment, or underemployment (e.g. graduate employed as cashier). This has caused a lot of tension and social issues.
I am sure we are not there yet, but we have to be watchful and make sure we don’t end up there, and end up with a lost generation. Recently I saw on the news that Acting Minister Tan Chuan Jin acknowledged the problem that I have highlighted and was brushed off by some forummers here previously. That is companies recruiting foreigners with experience rather than hiring local fresh graduates for some sectors, which will have serious repercussions later on as we would have a lack of experienced locals a few years later.
I am happy that the Minister is aware of this and I hope that actual actions can be taken to address this soon before we end up in the same situation as some other countries.
So yes, this is a stats that everyone should be watching closely. -
The mean wage is it true ?! i believe alot of graduate are getting 2.5 -2.8k although they are local graduates . There a high % of grads from private uni , why didnt they include in their stats?
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sundaymorning:
The mean wage is it true ?! i believe alot of graduate are getting 2.5 -2.8k although they are local graduates . There a high % of grads from private uni , why didnt they include in their stats?
private uni grads will bring down the stats -
https://www.theguardian.com/higher-education-network/2017/sep/11/graduate-employability-ranking-the-best-university-for-getting-a-job
Just came across this, read it with a pinch of salt. -
So high being employed?
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42% of private degree holders cannot find full-time jobs 6 months after graduation
http://www.channelnewsasia.com/news/singapore/commentary-is-private-higher-education-in-singapore-a-second-9215636 -
Did the survey reveal whether those private degree holders with \"full-time jobs\" were offered contracts instead?
Did the survey make a distinction between \"full-time\" jobs that came with term contracts v.s. jobs with the usual benefits?
My nephew and many of his friends (who graduated from a private uni) were only offered 6-months / 1-year / 2-year contracts with limited benefits - and not many of them were offered re-contracts once they finished their \"terms\".Angelsdontexist:
42% of private degree holders cannot find full-time jobs 6 months after graduation
http://www.channelnewsasia.com/news/singapore/commentary-is-private-higher-education-in-singapore-a-second-9215636 -
CatMoon:
Did the survey reveal whether those private degree holders with \"full-time jobs\" were offered contracts instead?
Did the survey make a distinction between \"full-time\" jobs that came with term contracts v.s. jobs with the usual benefits?
My nephew and many of his friends (who graduated from a private uni) were only offered 6-months / 1-year / 2-year contracts with limited benefits - and not many of them were offered re-contracts once they finished their \"terms\".Angelsdontexist:
42% of private degree holders cannot find full-time jobs 6 months after graduation
http://www.channelnewsasia.com/news/singapore/commentary-is-private-higher-education-in-singapore-a-second-9215636
What course(s) are they doing? -
Coolkidsrock2:
CatMoon:
Did the survey reveal whether those private degree holders with \"full-time jobs\" were offered contracts instead?
Did the survey make a distinction between \"full-time\" jobs that came with term contracts v.s. jobs with the usual benefits?
My nephew and many of his friends (who graduated from a private uni) were only offered 6-months / 1-year / 2-year contracts with limited benefits - and not many of them were offered re-contracts once they finished their \"terms\".
[quote=\"Angelsdontexist\"]42% of private degree holders cannot find full-time jobs 6 months after graduation
http://www.channelnewsasia.com/news/singapore/commentary-is-private-higher-education-in-singapore-a-second-9215636
What course(s) are they doing?[/quote]Varied - from business mgmt, mass comm, to chem engineering.
My nephew took chem engineering but could not find a job in that particular industry. It took him almost one year to find this 2-year contract / \"full-time\" sales job in a bank. He's now out looking for his next job.
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