Grad employment survey: tough times or the best of times?

Feb 23, 2017 09.00AM |
 

YOU’D think these were graduates from two different countries, so starkly different were the headlines about the 2016 graduate employment survey in Singapore’s main English dailies. ST decided to lead with how “most grads find jobs in 6 months” and the “new high” starting median salary of $3,360, while TODAY highlighted the 2.9 per cent drop in the number of graduates who found permanent jobs within six months of graduation, the lowest ever for the survey.

Another sobering statistic that TODAY noted was that the rate of salary increase has slowed from 3 per cent last year to 1.8 per cent.

All in all, it’s a slower year for graduates, with SMU leading NUS and NTU in terms of median salary and employability. SIT and SUTD conduct their surveys in February and March.

So what’s all this say in the context of Singapore’s ongoing SkillsFuture initiative? It seems that relevant coursework and experience win out for grads, and university rankings don’t mean very much to employers.

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The tension between Malaysia and North Korea over the assassination of Kim Jong Nam is escalating. KL has named a North Korean diplomat as someone they sought to question for the case, but the North Korean Embassy refused, citing diplomatic privilege.

Another North Korean who works for North Korean national carrier Air Koryo is also being sought for questioning. KL has threatened to issue arrest warrants for the duo, but a warrant is unlikely to be effective in securing the diplomat. Four other North Korean suspects and one North Korean person of interest remain at large.

The embassy also made a startling demand for all suspects to be released, including the “innocent females”. Apart from the two women, a Malaysian man and a North Korean man are being held in remand for the killing.

And then, someone tried to break into the morgue in KL, where Mr Kim’s body lay. Who did it? KL police simply said, “We know who you are. There is no need for me to tell you.”

Someone’s done a smear job on Sam’s Early Learning Centre, it seems. Photos of the centre and its students posted on Chinese social media service WeChat seem to have been taken out of context, and surprise checks and interviews by the Early Childhood Development Agency have turned up no issues at the centre.

Who could have done the deed? Centre director Mrs Samia El-Ibiary says it was the work of a disgruntled former employee who has since returned to China. The WeChat post claimed there was abuse, neglect and waste at the centre.

Where do you go if you want to buy a ship? How about Taobao? Singapore-flagged crude oil tanker Varada Blessing, of late owned by Singapore firm Varada One, was sold for $16.7 million after 19 bids were made by six parties. The Varada Blessing had fallen into an “admiralty dispute” and was then auctioned off. These are bad times for oil tankers, and Taobao is gaining popularity as a place to offload toxic assets. So… does that Taobao purchase come with free shipping?

 

Featured image from TMG file.

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