Graduates in Singapore are accepting significantly lower salaries, sometimes less than half of typical starting pay, due to a challenging job market. This situation is exacerbated by the increasing adoption of AI, which is impacting entry-level positions, and a general slowdown in hiring. A government-backed program, GRIT, offers traineeships with reduced pay as a way for graduates to gain experience while navigating these economic conditions. AI
IMPACT AI adoption is contributing to a decline in entry-level job opportunities and lower starting salaries for graduates.
RANK_REASON Article discusses the impact of AI on the job market for graduates, but does not announce a new AI model or product.
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