(Singapore Feb 20, 2023) More graduates remained jobless six months after leaving school, though median salaries went up last year, a recent survey found.
More than 10,000 fresh graduates in the labor forcewere polled in the 2022 Joint Autonomous Universities Graduate Employment Survey which was released today.
The survey was co-conducted by the National University of Singapore, Nanyang Technological University, Singapore Management University and Singapore University of Social Sciences.
Some 93.8% of the respondents were employed within six months of completing their final examinations — down from 94.4 per cent in 2021.
Among these, 87.5% secured a full-time job, up from 84% in 2021. The proportion of those who were freelancing increased slightly by 0.1%. However, the proportion of graduates in part-time or temporary employment fell to 4.5% from 8.7% in 2021.
The survey also found that the median gross monthly salary among fresh graduates in full-time permanent employment rose to S$4,200, from S$3,800 in 2021.
The increase was the most significant in the information and digital technologies course cluster, which saw the median gross monthly salary of those in full-time jobs increase from S$5,000 in 2021 to S$5,625 in 2022.
This cluster, along with health sciences and engineering clusters, recorded the highest percentage of full-time permanent employment. The salaries for the arts, design and media clusters held steady.
Officially say the results of the ongoing surveys conducted by the Singapore Institute of Technology and Singapore University of Technology and Design will be released at a later date.
