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Archive for April, 2009

Property Prices Have Crashed (see graph)

Saturday, April 25th, 2009

In its steepest decline since its inception in 1975, the URA property price index plunged a hefty 14.1% in Q1 this year.
The URA property index tracks private home prices in Singapore.
The apparent recovery triggered by the strong sales of Alexis and Caspian condominiums in February was just a mirage.
As predicted by Salary.sg in October last [...]


Read the full article at Property Prices Have Crashed (see graph)

Business Degrees Not In Demand Anymore

Sunday, April 19th, 2009

The mainstream media is apparently telling us that business degrees are no longer in demand. We are told a law degree can command a salary as high as $8,500 while arts and science courses are getting popular now.
On the front page of yesterday’s Business Times printed edition:
“Trainee lawyer bags $8,500 monthly pay
Foreign law firm pays [...]


Read the full article at Business Degrees Not In Demand Anymore

Our Poll Results: 45% Fresh Graduates Jobless

Friday, April 17th, 2009

In the graduate employment survey conducted by Salary.sg, 45% of the respondents indicated that they are without jobs.
In this jobless group, 60% are actively looking for a job, while the remaining are not.
The poll was conducted over about 10 days with a better-than-expected 439 responses.

As for the 55% (or so) with jobs, the median income [...]

Read the full article at Our Poll Results: 45% Fresh Graduates Jobless

Many Fresh Graduates Unemployed

Wednesday, April 8th, 2009

I have spoken to a number of fresh graduates. What they told me about the employment situation is disturbing.
The recent graduate employment surveys simply do not reflect the sad state of affairs.
And being flexible about salary doesn’t really seem to help.
If you graduated late last year, or are about to graduate in a couple of [...]

Read the full article at Many Fresh Graduates Unemployed

Graduate Employment Surveys (published 2009)

Monday, April 6th, 2009

If you believe the annual graduate employment survey reports (I don’t quite), here are the rankings for the class of 2008:
Permanent Employment Rate

NTU Arts (with Education) – 100%
NTU Maritime Studies – 100%
NTU Science (with Education) – 100%
NUS Dental Surgery – 100%
NUS Information Systems – 100%
SMU Information Systems Management (cum laude and above) – 100%
SMU Economics [...]

Read the full article at Graduate Employment Surveys (published 2009)