Unemployment Rate Among Graduates In Malaysia 2018

In july 2018 518 600 people were found to be unemployed in malaysia latest data from the department of s home. Malaysian graduates have been challenged with issues of unemployment with an increasing trend in unemployment rates in the last few years. The increasing unemployment rate is a grave concern since.

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Graduates Unemployment Rate Down Slightly At 3 9 In 2018 The Edge Markets

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Dosm Joblessness Among Graduates Rose To 3 9 In 2019 The Edge Markets

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Furthermore it was reported that poor command of english language is one of the significant factors influencing unemployment among graduates in malaysia hossain et al 2018.

Unemployment rate among graduates in malaysia 2018. In 2010 to rm2 707 in 2018. Companies or employees might someday totally lost interest in our graduates due to the statistics of high unemployment rates if the root causes of the problem have not been identified. Our 21 public sector universities and 38 private sector universities produce something like 51 000 graduates a year but nearly 60 remain unemployed one year after graduation according to a study in 2018 conducted by the minstry of education malaysia s graduate tracer study. Looking forward midf research forecast that malaysia s unemployment rate will fall to an average at 3 3 for 2018.

Here s the hard truth being a university graduate no longer guarantees you a job. Looking forward we estimate unemployment rate in malaysia to stand at 4 10 in 12 months time. Unemployment rate in malaysia is expected to be 4 50 percent by the end of this quarter according to trading economics global macro models and analysts expectations. Graduates unemployment rate in 2018 fell slightly to 3 9 from 4 in 2017.

Unfortunately 1 out of 5 graduates remain unemployed with the majority being degree holders. This matter is a grave concern as this will decrease the image of our educational system in malaysia. The salaries wages survey 2018 conducted by the statistics department meanwhile found that median monthly salaries and wages of graduates with full time equivalent principal occupation was higher at rm3 936 last year compared with rm3 550 in 2017. The high unemployment rate among youth is partly due to the lack of job experience and insufficient skills or.

These graduates make up 55 of those who are unemployed. In terms of numbers unemployed graduates in malaysia totalled 162 000. Idham et al 2014. Fresh graduates in malaysia struggling.

That said malaysia s unemployment rate remained the same as june 2018 at 3 4. The steady expansion in both labour force and employment last year was indirectly due to robust macroeconomic performance it said.