This is the first time that the Committee for Private Education (CPE), which released its findings from the annual survey on Wednesday (April 10), has tracked involuntary part-time or temporary employment among private school graduates. This refers to those who tried but have failed to get a full-time permanent job offer so far
The CPE surveyed about 2,800 fresh graduates from 40 private education institutes who are either working or are actively looking and available for a job. Graduates from 27 of the schools completed full-time bachelor’s level external degree programmes from between May 2017 and April 2018.
Here are some figures from the survey:
- Overall employment rate: 80.7 per cent
- Full-time permanent employment rate: 48.2 per cent
- Proportion of freelancers: 5.7 per cent
- Part-time/temporary employment rate: 26.8 per cent
- Voluntary: 16.1 per cent (those who do not want to be employed full-time for a reason, such as preparing to begin further studies)
- Involuntary: 10.7 per cent
- Unemployment rate: 19.3 per cent
- Unemployed but starting work soon: 2.8 per cent
- Unemployed and still looking for a job: 16.5 per cent
- Median gross monthly salary (full-time permanent employment): S$2,650