Graduate Employment Survey Highlights

Recent findings from the 2024 Joint Autonomous Universities Graduate Employment Survey reveal that fresh graduates in Singapore are earning a median salary exceeding $3,300 per month. However, the survey also indicates a decline in full-time employment rates among graduates.

Survey Details and Findings

Conducted by five leading universities in Singapore, the survey gathered responses from 12,500 graduates, showing that 79.5% secured full-time positions within six months of graduation, a decrease from 84.1% in 2023.

Sector-wise Employment Trends

Employment rates varied across sectors, with health sciences graduates experiencing the most significant drop in employment rates. Conversely, graduates from information and digital technologies programs not only had high employment rates but also the highest median monthly salary of S$5,600.

Economic Perspectives

Experts like Selena Ling of OCBC and Dr. Kelvin Seah from NUS commented on the economic factors influencing these trends, including global uncertainties and industry-specific growth rates.

Conclusion

While the salary for fresh graduates has seen an increase, the changing employment landscape suggests a need for adaptability among new entrants to the workforce.