Number of graduates who found work 6 months after leaving university in 2024 dips further, median salary hits S$4,500: Survey

SINGAPORE: &nbsp, More graduates remained homeless six months after leaving college, though median earnings went up next season, especially for business work, a survey found.

Of the 12,500 newly graduated from the labor force who were polled in the 2024 Joint Autonomous Universities Graduate Employment Survey, 87.1 % were employed within the first six months of taking their final exams, a drop from 89.6 % in 2023.

This continues a upwards trend&nbsp, since 2022, according to results of the annual survey. &nbsp, &nbsp,

However, the median gross salary among fresh graduates rose in 2024, increasing by 4.2 per cent to S$ 4, 500 ( US$ 3, 376 ) compared to S$ 4, 317 the previous year. &nbsp,

Among those who found jobs in 2024, 79.5 per share secured a full-time work, a reduction from 84.1 per share the year before. &nbsp, Freelancers, however, accounted for 1.6 per share of those in the labour force, up from 1.5 per cent in 2023.

Alumni in part-time or temporary jobs increased to 6 percent from 4 percent in 2023. About&nbsp, 2.2 per cent of all respondents were in spontaneous part-time or temporary employment, an increase from 1.1 per share in 2023.

4.4 % of the remaining respondents to the labor force were unemployed but were quickly starting a business, or 8.5 % were poor but still looking for work.

The National University of Singapore ( NUS), Nanyang Technological University (NTU), Singapore Management University ( SMU), Singapore University of Social Sciences ( SUSS), and Singapore University of Technology and Design ( SUTD ) participated in the survey. &nbsp,

The results of its own survey will be made available separately by the Singapore Institute of Technology ( SIT ) at a later time.