Updated
Updated · Reuters · Oct 12
Singapore President Warns AI Is Cutting First-Job Demand for Fresh Graduates
Updated
Updated · Reuters · Oct 12

Singapore President Warns AI Is Cutting First-Job Demand for Fresh Graduates

3 articles · Updated · Reuters · Oct 12

Summary

  • Bangkok talks on Monday put fresh graduates at the center of AI concerns, with Singapore President Tharman Shanmugaratnam urging governments to tackle weakening demand for first jobs.
  • The warning was tied to what he called already clear evidence that hiring is falling most sharply in sectors with the highest exposure to AI.
  • Tharman also said policymakers should prevent AI disruption from creating a new divergence between advanced and developing economies.
  • He delivered the remarks at the IMF and World Bank annual meetings, framing graduate employment as an urgent global policy issue rather than a local labor-market problem.

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