SINGAPORE – Few students who graduated last year managed to secure a full-time job, although government programs have helped the most accomplished find some form of employment.
Nearly seven in 10 of those graduates from four local universities last year found permanent jobs, up from 81.7 percent in 2019, according to a joint annual graduate employment survey released on Friday (February 19th).
Over one in five young people said they were employed in part-time work or training, the survey showed, the first to give a broad picture of the impact of the Covid-19 pandemic on young jobseekers. This is three times the number of temporary jobs, compared to last year.
Overall, 93.6 percent of them were employed within six months of completing their final exams, up from 90.7 percent in 2019. This refers to full-time, part-time, temporary or independent graduates.
Those who found a full-time job earned a higher average starting salary of $ 3,700 last year, compared to $ 3,600 in 2019, the survey said. Those in the information and digital technologies and engineering sector continued to attract higher wages.
Those in courses such as computer science, cybersecurity and software engineering had the highest gross monthly salary of $ 4,760, as well as the highest rate of full-time permanent employment at 87.3 percent.
About 22.3 percent of recent graduates last year began part-time or temporary work, up from 7 percent a year earlier.
The study said that about half of this group, or 11.3 percent of all graduates, had inadvertently started working in such a role last year, a sharp increase from 2.4 percent of graduates by 2019.
More than three in four of these graduates in part-time or course roles are participating in the SGUnited Training Program.
Introduced last year, the program helps young graduates from universities and polytechnics increase their employment when employment receives demand after the pandemic by passing on a link to a company and receiving assistance.
Government support for the SGUnited Training Program has been extended to March 31 next year in light of the ongoing pandemic impact on employment.
Submitting the Budget Statement on Tuesday, Deputy Prime Minister Heng Swee Keat said the additional assistance will be extended to workers who need support before placing a job, through programs like SGUnited Skills and SGUnited Traineeships.
The employment study also found that the percentage of graduates doing self-employment was 1.5 percent last year, a drop from 2.0 percent in 2019.
The survey involved 11,800 young graduates from full-time programs at Singapore National University, Nanyang Technological University, Singapore University of Management and Singapore University of Social Sciences.
The joint exercise took place about six months after the graduates had completed their final exams.
While surveys for the Institute of Technology and the University of Technology and Design of Singapore are ongoing, their results will be published at a later date.
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos