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Computer Science Grads Face 6.1% Unemployment Amid Layoffs

5/28/2025

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Summary

Graduates Face Unemployment

A Federal Reserve Bank of New York study shows a 6.1% unemployment rate for computer science graduates.
Job postings have decreased by 15%, while applications per position have surged by 30%.
Major layoffs at companies like Tesla and Microsoft worsen the job market for new graduates.
Only 30% of graduates find employment before graduation, causing discouragement among young adults.

Summary

Graduates Struggle Employment

In 2024, only 46.4% of private institution graduates found full-time jobs, a decline from 58.7% in 2023.
Part-time and temporary positions rose to 24.2%, while freelance opportunities saw a slight decrease.
Fresh graduates' median salaries increased to S$3,500, but public university graduates earned S$4,500.
The survey highlights a growing employment gap, emphasizing the need for improved industry-education collaboration.

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Graduates Face Unemployment

A Federal Reserve Bank of New York study shows a 6.1% unemployment rate for computer science graduates.
Job postings have decreased by 15%, while applications per position have surged by 30%.
Major layoffs at companies like Tesla and Microsoft worsen the job market for new graduates.
Only 30% of graduates find employment before graduation, causing discouragement among young adults.

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