Singapore: More fresh university grads in full-time work with higher pay

Compared to the scale of global trouble, the slight increase in unemployment rate shows Singapore’s businesses are holding up well.

The latest graduate employment survey released on Monday showed that 87.5 per cent of fresh graduates in the labour force were in full-time permanent roles, compared with 84 per cent in 2021.

The median gross monthly salary among fresh graduates in full-time permanent jobs also rose smartly, from $3,800 in 2021 to $4,200 in 2022, results of the Joint Autonomous Universities Graduate Employment Survey 2022 showed.

Overall, 93.8 per cent of university graduates found permanent, freelance or part-time jobs within six months of graduation in 2022, a slight dip from 94.4 per cent in 2021.

Graduates from several sectors, including information and digital technologies, health sciences and engineering, recorded the highest proportions in full-time permanent jobs. Those from information and digital technologies courses continued to take home the highest pay at $5,625, up from $5,000 in 2021.