Most polytechnic, ITE graduates find jobs in 6 months
This keeps youth jobless rate lower than in many economies: DPM Teo
Nine out of 10 polytechnic and Institute of Technical Education students find jobs within six months of graduating, Deputy Prime Minister Teo Chee Hean said on Tuesday.
This has helped to keep the country's youth unemployment lower than in many advanced Western and East Asian economies.
The average jobless rate for Singapore residents aged 15 to 24 was 6.7 per cent last year, compared to 12.6 per cent globally. It was also lower than in the US (17 per cent), Germany (8.5 per cent) and South Korea (9.6 per cent).
Mr Teo was speaking to more than 400 delegates from around the world at the start of the first Singapore International Technical and Vocational Education and Training Conference. The four-day event is organised by ITE, the five polytechnics and Temasek Foundation.