well, a lot of my friends in computer science
nus, comp engin (software)
ntu has received job offers in excess of 3k. So perhaps these are more stories that come from only one end of the pond?
Almost all of my friends who graduated are employed and as the percentages from the local uni/polys show, the large majority is employed with decent starting pay not pay along the lines of the foreign workers but 3k+ for uni grads.