Singapore’s entry-level job market shrinks despite salary growth, data shows

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Singapore’s entry-level job market is shrinking despite a 2.5% salary increase, with a 3.2% drop in entry-level headcount. This signals a tightening labor market for fresh graduates and early-career workers amid economic challenges.

While starting salaries for fresh graduates and entry-level workers in Singapore continue to creep upwards, the number of people in entry-level roles is shrinking, according to new data, indicating an increasingly tough job market for those at the start of their careers. Data published last month by global professional services firm Aon showed a 2.5 per cent year-on-year salary increase for entry-level employees, alongside a 3.2 per cent drop in entry-level headcount. The findings come as...