Affected by global economic instability, the employment rate of local fresh-graduate graduates has fallen again, and the full-time employment rate has fallen to 79.5%, 4.6 percentage points lower than the previous year, but the overall starting salary has increased, with the median monthly salary increasing to 4,500 yuan. .

Five local public universities jointly announced the 2024 graduate employment survey on Monday (February 24), with 12,500 full-time students from the National University of Singapore, Nanyang Technological University, Singapore Management University, Singapore University of Science and Technology Design and Singapore University of Social Sciences 12,500 full-time students from the National University of Singapore, Nanyang Technological University, Singapore University of Science and Technology and Singapore University of Social Sciences 12,500 full-time students from the National University of Singapore, Nanyang Technological University, Singapore University of Science and Technology, and Singapore University of Social Sciences 12,500 full-time students from the National University of Singapore, Nanyang Technological University, Singapore University of Science and Technology Course graduates participated in the survey, accounting for about 73.3% of fresh graduates.

Among the survey participants, about 11,100 people have been employed or are actively seeking jobs. Including part-time, temporary and freelance work, 87.1% of respondents found jobs within six months of graduation, and the overall employment rate fell by 2.5 percentage points from 89.6% in 2023, and this rate was as high as 93.8% in 2022.

Among them, 79.5% of graduates found full-time jobs, a significant decline from 84.1% in 2023, while the rate in 2022 was 87.5%. This is also the second time since 2018 that the full-time employment rate for college students has fallen by more than 80% within six months of graduation. In 2020, due to the impact of the coronavirus epidemic, the full-time employment rate fell to 69.8%.

Some graduates are engaged in part-time or freelancing, with about 1.6% of freelancers, a slight increase from 1.5% in 2023. In addition, the number of people working part-time or temporary workers rose to 6%, an increase of two percentage points from 2023.

Further reading

The employment market for graduates of science and engineering is uneven. Health Science and Humanities are strong

The employment market for graduates of science and engineering is uneven. Health Science and Humanities are strong

Employment rate of graduates at the Institute of Technology fell by about five percentage points

Employment rate of graduates at the Institute of Technology fell by about five percentage points

Although the employment rate of graduates has declined for two consecutive years, starting salary has gradually increased, with the median monthly salary of full-time employees being 4,500 yuan, higher than the 4,317 yuan and 4,221 yuan in the past two years. The median monthly salary of graduates in the Department of Information and Digital Technology is still the highest, reaching 5,600 yuan.