Singapore Youth Cite Career and Financial Concerns in Gen2050 Survey

The Gen2050 youth survey has found that young people in Singapore are highly aware of global developments but want stronger support in career and financial planning, according to findings released at the Gen2050 Youth Action Forum.

The Gen2050 Youth Action Forum, a key event under the wider Gen2050 programme, brought together KPMG in Singapore, the National Youth Council (NYC) and the Institute of Public Relations of Singapore (IPRS). The partners shared survey data from 1,000 youth respondents, examining how Singapore’s young people view current affairs, the future of work and their own personal growth.

Youth concerned about economic uncertainty

The Gen2050 youth survey, conducted by Blackbox Research, showed that most respondents closely follow global economic trends and are concerned about their potential impact. Many youths said the uncertain economic climate has heightened their need for clearer guidance on career pathways and financial stability.

According to the poll, 65 per cent of youths said they need more help with career planning, while 58 per cent indicated they require better support for financial planning. The sample comprised working adults (58 per cent) and students (42 per cent), mirroring Singapore’s broader youth demographics.

When asked about competencies needed for the future workforce, respondents highlighted communication and interpersonal skills (33 per cent), followed by adaptability and lifelong learning (32 per cent), and analytical and critical thinking (31 per cent). These findings align with global talent trends emphasising soft skills and digital readiness.

Whole-of-society effort to support youth development

Half of the respondents recognised the role of the Government, educational institutions, employers and community organisations in helping them navigate uncertainties. The Gen2050 youth action programme was cited as one such initiative involving the public, private and people sectors to build youth capabilities.

Run jointly by KPMG in Singapore, NYC and IPRS, the programme provides platforms, mentorship opportunities and industry insights to help young people translate aspirations into practical outcomes. Gen2050 is part of the SG Youth Plan, a year-long series of engagements that will inform a five-year youth development plan led by young Singaporeans.

“Youths today are discerning in their pursuit of skills — not just chasing trends, but focusing on how these skills can be practically applied to create value in their professions,” said Lee Sze Yeng, Managing Partner at KPMG, noting that the survey highlights growing interest in practical skills such as applying artificial intelligence at work.

David Chua, Chief Executive Officer of NYC, said platforms like Gen2050 help youths gain insights into shifts affecting the future of work and understand the competencies needed to stay relevant.

IPRS President Ross Gan added that the emphasis on communication skills is timely, given the challenges of a fast-changing media landscape and the rising influence of artificial intelligence.

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