Number of graduates in jobs six months after school drops

More graduates in Singapore remained jobless six months after leaving school, though median salaries went up last year, especially for business jobs, a survey found, writes Lutfil Jumadi for Channel News Asia.

Of the 12,500 fresh graduates in the labour force polled in the 2024 Joint Autonomous Universities Graduate Employment Survey released on 24 February, 87.1% were employed within six months of completing their final exams, dropping from 89.6% in 2023. This continues a downward trend since 2022, according to results of the annual survey.

However, the median gross salary among fresh graduates rose in 2024, increasing by 4.2% to SG$4,500 (US$3,330) compared to SG$4,317 the previous year. Among those who found employment in 2024, 79.5% secured a full-time job, a decline from 84.1% the year before. Freelancers, meanwhile, accounted for 1.6% of those in the labour force, up from 1.5% in 2023.
Full report on the CNA site