I just read a Straits Times report on the Transitioning.org website that said:
Generally, the older and less qualified you are, the more likely you are to be unemployed for any length of time.
Labour statistics highlight the fact that unemployed Singaporeans tend to be older workers – aged 40 and above – who do not have degrees or polytechnic diplomas.
That's a sweeping generalization. There were 19,500 unemployed degree holders last year. That's almost twice as many as in 2007, when there were 10,900 unemployed degree holders – and only about 3,000 less than the number of jobless secondary school certificate holders last year: 22,300. I am quoting from the Singapore Yearbook of Manpower Statistics 2010.