14 Dec '11, 6am

Fewer young working adults plan to study further

SINGAPORE: Fewer young working adults appear keen to pursue further education at a time when the economy is doing well. According to the 2011 JobsCentral Learning Rankings & Survey, 69.6 per cent of young working adults intend to pursue further education, the lowest percentage since the survey started in 2009. The number was 71.4 per cent in 2010 and 79.3 per cent in 2009. CEO of JobsCentral Group, Mr Lim Der Shing, attributed the decline to the current economic situation in Singapore of strong performance and near-full employment. He said young working adults feel more secure in their jobs and hence feel less of a need to upgrade right now. He believes the trend of learning and upgrading remains intact and will reassert itself if there's a recession or downturn in 2012. The survey also found that 70.3 per cent of of respondents expect pay increases of at least 25 per cent...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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