[Post 392] Employment rate for private university graduates falls but median salaries rise

Summary

The employment rate for graduates from private education institutions fell, even as they earned more money. This, according to a SkillsFuture Singapore survey of 2,400 students who graduated between May 2022 and April last year. Monthly median salaries rose to $3,400 -- up $200, or slightly more than 6% from the previous survey. But fewer are finding full-time jobs. Over 58% found permanent employment within six months after graduation -- a drop of more than two percentage points from the previous cohort. The percentage of those unemployed crept up to over 16%.