Minister Tan Chuan-Jin shared in Parliament that Singapore’s resident graduate underemployment rate is low and stable, at 2.3% in June 2013. However, we need to look ahead and shape the future and take preventive steps to mitigate possible negative trends. Minister Tan: We need to look ahead and shape the future and take preventive steps to mitigate possible negative trends. ---------------------- Singapore’s resident graduate underemployment rate is low and stable, at 2.3% in June 2013. While we are not facing the unemployment and underemployment problems in other countries, we will not be immune to these trends. The proportion of degree holders in our workforce has been increasing. We are seeing increasing access to private educational institutions or alternative routes which offer degrees of varying quality despite their slick packaging. Those who spend time and money going to these institutions may bear the greater risk of underemployment. Actually the market has begun to differentiate between degrees that carry their full worth in knowledge and skills, and those that are essentially paper qualifications. We should therefore encourage our young to pursue their interests, and go for substance when considering their education and career paths.
Posted on: Wed, 05 Nov 2014 14:35:06 +0000
Trending Topics
Recently Viewed Topics
© 2015