[GLGT]Graduates face bleak future as skill gap widens, vacancies shrink

toolbox03

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https://www.businesstimes.com.sg/si...-graduates-employers-flag-skills-gap-linkedin

[SINGAPORE] Fresh graduates face a double whammy of fewer job openings and a growing mismatch between vacancies and skills.

Studies conducted by LinkedIn revealed that the labour market has tightened for jobseekers in Singapore, with the number of job postings per applicant falling 8 per cent over the last year to March.

“This means stiffer competition, with more graduates chasing fewer roles today,” said the professional networking site in a report released on Thursday (May 8).


In addition, employers are expecting candidates to be even more qualified, further widening the talent gap in the labour market, LinkedIn found. In a separate survey which polled over 500 human resources (HR) professionals in Singapore, recruiters revealed that half or less than half of job applications met their requirements and preferred qualifications for roles over the past year.

The most prominent hiring roadblock was difficulty in finding candidates with the right soft skills for a role, with 50 per cent of respondents describing it as a top challenge, while 44 per cent indicated that candidates’ lack of technical skills for a role ranked among the largest obstacles.

:s14:
 
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0218crawford

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who-your-parents-voted-for.jpg
 

Linguist

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https://www.businesstimes.com.sg/si...-graduates-employers-flag-skills-gap-linkedin

[SINGAPORE] Fresh graduates face a double whammy of fewer job openings and a growing mismatch between vacancies and skills.

Studies conducted by LinkedIn revealed that the labour market has tightened for jobseekers in Singapore, with the number of job postings per applicant falling 8 per cent over the last year to March.

“This means stiffer competition, with more graduates chasing fewer roles today,” said the professional networking site in a report released on Thursday (May 8).


In addition, employers are expecting candidates to be even more qualified, further widening the talent gap in the labour market, LinkedIn found. In a separate survey which polled over 500 human resources (HR) professionals in Singapore, recruiters revealed that half or less than half of job applications met their requirements and preferred qualifications for roles over the past year.

The most prominent hiring roadblock was difficulty in finding candidates with the right soft skills for a role, with 50 per cent of respondents describing it as a top challenge, while 44 per cent indicated that candidates’ lack of technical skills for a role ranked among the largest obstacles.
Orbigoot to them. Graduates should ask their parents, grandparents and etc who they supported.

Kym?
Interesting that all this kind of doom and gloom news come out after GE!
They just don't want to invest in human resources.

All just want plug and play, with the cheapest cost available.
So now after graduate from diploma/degree, need to immediately claim skillsfuture to upskill?

Love our education system. Really prep us for the working world. Very relevant, very effective.
Nothing surprising? Before that already 'ample' news on some couldn't find suitable jobs after graduates, the companies layoff and etc liao.
 

mewmew

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huh no soft and no hard skill, means sinkie are useless ? must tank owl garment
 

coolmyth

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Need to invite Uptron to set up university here! With free funding, tax incentives and free flow of their workforce! :LOL:
 

byfun

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Waiting for manpower miniatars TSL to tell chao sinkies again y FT needed badly in SG. 😂
 
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