Unemployment Among Fresh Graduates In Malaysia
As stated by the department of statistics malaysia the unemployment rates among fresh graduates have increased from 30 in 2013 to 34 in 2016 and national unemployment was 3 5 out of 14 million malaysians in the labour market.
Unemployment among fresh graduates in malaysia. Of 1 47 million vacancies 86 9 per cent are for low skilled jobs. This article was originally published on 3 november 2015 and has been updated as of 26 august 2019 to reflect more current information. There are lot of factors that contributed to the unemployment of graduates especially in our country and the economics of our country is different from few years back.
Graduate unemployment was 9 6 per cent or 204 000 at the end of 2018. The unemployment situation among graduates has grown from a matter of gnawing concern to an issue that leaves furrows in the brows of education planners. In year 2015 involving 132 900 graduates from institutions of higher learning all over malaysia shows that over half of graduates remained unemployed after graduation while 9 7 were still awaiting job placement.
Unemployment malaysian graduates will not be a problem anymore and most importantly to reduce the rate of unemployment among malaysian graduates if possible. The prime reason for graduate youth unemployment is the mismatch of graduate qualifications with the country s workforce needs. Unemployment among malaysia graduates.
Meantime the labor force went up 0 7 percent to 15 82 million. For the first time we now have clear statistics of unemployment among youth including those who have just recently graduated. The high unemployment rate among youth is partly due to the lack of job experience and insufficient skills or education to compete in the.
The number of unemployed surged 42 percent from a year earlier to 745 1 thousand while employment declined 0 7 percent to 15 07 million. Only 4 7 per cent of those advertised required any tertiary qualifications. Fresh graduates in malaysia struggling to.
What you didn t know about fresh graduate unemployment in malaysia infographic michelle leo 26 aug 2019 career planning infographic jobs unemployment.