Graduating from a Singapore university? Survey shows private grads lag in jobs, pay gap widens
SINGAPORE, May 27 — Fewer than half of private university graduates in Singapore secured full-time jobs this year, reflecting a cooling job market despite marginally better pay.
Only 46.4 per cent landed full-time work in 2024, down from 58.7 per cent last year, The Straits Times reported today, citing findings from the Private Education Institution Graduate Employment Survey by SkillsFuture Singapore released on April 26.
More took on part-time or temporary roles, rising to 24.2 per cent from 18.9 per cent in 2023.
Freelancing dipped to 4.2 per cent, while overall employment – including part-time and freelance – fell to 74.8 per cent, from 83.2 per cent last year.
Salaries inched up, with the median monthly pay for full-time hires at S$3,500, compared to S$3,400 in 2023.
Graduates from Parkway College and ERC Institute earned the most at S$4,000, followed by SIM grads at S$3,600.
But they still lag far behind their peers from public universities like the National University of Singapore (NUS) and Nanyang Technological University (NTU), who earned a median of S$4,500.
Nearly 80 per cent of public university grads secured full-time jobs within six months, with just 1.6 per cent freelancing.
Polytechnic graduates saw a salary bump to S$3,000 after serving in Singapore’s national service, from S$2,963 last year.
The survey covered 3,500 graduates from 27 private institutions, including James Cook University and PSB Academy.
Of these, 2,300 were in the labour force, defined as working or actively job-hunting.
A worrying 28.3 per cent were either unemployed or stuck in involuntary part-time or temp jobs – far higher than the 10.7 per cent rate for public university graduates and 7.2 per cent for polytechnic graduates.
Engineering graduates from private institutions fared best, with 55.3 per cent in full-time roles, followed by science graduates at 51.8 per cent.
Information and digital tech graduates earned the highest median salary at S$4,080, followed by those from the humanities and social sciences at S$3,500.
https://www.straitstimes.com/singapore/less...ase-in-salaries
Singapore Graduate Job Problem
May 28 2025, 11:49 AM, updated 7 months ago
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