Unemployment Rate Among Graduates In Malaysia
This article was originally published on 3 november 2015 and has been updated as of 26 august 2019 to reflect more current information.
Unemployment rate among graduates in malaysia. High rate of unemployment among graduates in malaysia. 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. Malaysia s unemployment rate is now the highest in a decade at 3 9 per cent as people saw their livelihoods affected amid covid 19 and the movement control order mco said the. The job deficit has exacerbated malaysia s already high youth unemployment rate of 13 2 per cent in 2017 which was three times the national unemployment rate.
Shamshul helmy zambahari mr. For the first time we now have clear statistics of unemployment among youth including those who have just recently graduated. Causes problem and solution submitted to. 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.
Kuala lumpur may 3. The rising youth unemployment rate was mainly contributed by the soaring graduate unemployment which increased to 9 6 or approximately 204 000 constituting 40 5 of total unemployment. The minister of human resources fong chan onn stated thatthe national economic action council with the collaboration. The department of statistics malaysia 2011 found that the unemployment rate in malaysia hadincreased from 3 2 in 2007 to 3 7 in 2009.
Noraini added that the unemployment rate among fresh graduates this year is projected to be at 25 in comparison to last year it is a jump from 13 8. What you didn t know about fresh graduate unemployment in malaysia infographic michelle leo 26 aug 2019 career planning infographic jobs unemployment. Is a challenge to malaysia currently unemployment among the graduates becomes an issue not only in malaysia but also around theworld. Last year 189 543 out of 330 557 graduates managed to get a job six months after they graduated.
Employability of graduates has become a matter of grave concern in malaysia where the high unemployment rate of graduates is said to be a result of poor english communication skills. The unemployment rate for youth.