1 In 4 Private-School Grads Unemployed, Salaries Lagging Behind Peers
Around one in four (27.2%) of fresh graduates from private education institutions were either unemployed and still looking for a job, or in involuntary or part-time employment, according to the Committee for Private Education’s (CPE) latest graduate employment survey.
The survey collected responses from around 2,800 graduates of private education institutions who are currently holding jobs or actively looking for jobs.
By contrast, 9.3% of fresh graduates from autonomous universities (AU) and 8.9% of post-national service polytechnic graduates were in the same employment situation.
In terms of salary, private-school grads are also lagging behind their AU peers. Their median gross monthly salary is S$2,650, unchanged from the previous year.
Meanwhile, fresh graduates from the following AUs – National University of Singapore (NUS), Nanyang Technological University (NTU), Singapore Management University (SMU) and Singapore University of Social Sciences (SUSS) – have a higher median gross monthly salary of S$3,500.