https://www.businesstimes.com.sg/si...-showing-better-employment-rates-tan-see-leng
[SINGAPORE] Manpower Minister Tan See Leng urged fresh graduates and parents to “stay calm” amid growing anxieties about the tough job market, noting that early data suggests improved prospects for this year’s cohort.
The job market has generally remained resilient, he said, with more job vacancies than job seekers as of March: 1.64 vacancies per unemployed person.
“We have heard concerns about these fresh graduates, who may face anxieties starting their careers in these turbulent times,” he said at a media briefing by the Singapore Economic Resilience Taskforce on Thursday (Jul 10).
“We understand the anxieties but we want them to be assured that there is support available,” he added.
According to early data for the 2025 cohort of fresh graduates, employment rates are higher than for last year’s batch, he noted.
“Based on a very preliminary MOM (Ministry of Manpower) study, employment rate as at June 2025 is 51.9 per cent,” the minister said. This is slightly higher than the June 2024 rate of 47.9 per cent.
[SINGAPORE] Manpower Minister Tan See Leng urged fresh graduates and parents to “stay calm” amid growing anxieties about the tough job market, noting that early data suggests improved prospects for this year’s cohort.
The job market has generally remained resilient, he said, with more job vacancies than job seekers as of March: 1.64 vacancies per unemployed person.
“We have heard concerns about these fresh graduates, who may face anxieties starting their careers in these turbulent times,” he said at a media briefing by the Singapore Economic Resilience Taskforce on Thursday (Jul 10).
“We understand the anxieties but we want them to be assured that there is support available,” he added.
According to early data for the 2025 cohort of fresh graduates, employment rates are higher than for last year’s batch, he noted.
“Based on a very preliminary MOM (Ministry of Manpower) study, employment rate as at June 2025 is 51.9 per cent,” the minister said. This is slightly higher than the June 2024 rate of 47.9 per cent.
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