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Unemployment fears top students’ list of concerns

By: Staff Journalist, Singapore
Published: May 30, 2012
UNEMPLOYMENT     RECESSION     TRENDS

Singapore – Fears of unemployment and potential economic downturns, followed by Singapore’s ageing and shrinking population, are the top concerns among local pre-university students in the country.

However, about one third of youth still picked Singapore over places such as New York, London, Japan and Shanghai as their preferred place to live.

Findings are according to a poll conducted by Teo Chee Hean, Deputy Prime Minister, which involved over 500 students who attended Nanyang Technological University’s pre-university seminar yesterday.

During his speech at the seminar, he noted Singapore faces a "big dilemma" with its education system that produces "world-ready" and "world-mobile" citizens able to settle anywhere around the world, but who may be less attached to Singapore.

To gauge the students' optimism in their future and the country’s future, Teo also conducted an SMS poll yesterday. Results showed a majority expressing optimism, while some still have their reservations.

Cheered by the response, he added this indicates the students "don't have blind optimism", and recognise the presence of challenges.

Teo also urged students to have a sense of "well-founded optimism" so they would "know what is the right thing to do" and "make the right decisions" when the country is in their hands.
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