Why underemployment deserves attention, even if it is voluntary
Being underemployed by choice still carries consequences, including skills atrophy
A DEGREE in Singapore was considered a passport to the middle class. That is a hard truth for a small country that has staked so much on human capital.
Through decades of investment in education and skills, such as SkillsFuture and career conversion programmes, the message to workers has always been to keep learning and upskilling, stay relevant, and invest in themselves.
Many did exactly that. In fact, more than 64 per cent of the resident workforce in 2025 hold tertiary qualifications, according to the Ministry of Manpower (MOM). They earned degrees, accumulated credentials and built skills over years of hard work.
TRENDING NOW
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Record Singapore-US rate gap may widen further on inflows and hawkish Fed outlook
Marco Polo Marine shares plans to unlock value as boutique fund manager becomes substantial shareholder