Graduate Unemployment In Malaysia

For the first time we now have clear statistics of unemployment among youth including those who have just recently graduated.

Graduate unemployment in malaysia. The country s central bank bank negara malaysia bnm said between 2010 and 2017 the number of tertiary graduates entering the workforce surpassed the number of jobs created for them. 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. Meantime the labor force gained 1 2 percent to 15 90 million. Last year 189 543 out of 330 557 graduates managed to get a job six months after they graduated.

This article was originally published on 3 november 2015 and has been updated as of 26 august 2019 to reflect more current information. Generally employers especially in the sme sector have a negative perception towards malaysian graduates where they find the malaysian graduates tend to lack the skills and knowledge required by employers. 5 reasons why malaysian fresh graduates are unemployed published on june 22 2016 june 22 2016 49 likes 3 comments. There are numerous factors contributing to unemployment among the fresh graduates in malaysia.

Kuala lumpur jan 13 unemployment of graduates or failing to find jobs that suit their qualifications are the most talked about issues among today s young people. What you didn t know about fresh graduate unemployment in malaysia infographic michelle leo 26 aug 2019 career planning infographic jobs unemployment. When it comes to the employers they claim that many graduates do not have the knowledge skills and abilities that are relevant to the industry s needs although they have spent between three and five years pursuing a diploma. 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.

The unemployment figures have increased from 2 6 in 1996 and 3 7 in 2009 and the total percentages are still above 3 until the year 2013 department of statistic malaysia. A graduate is considered as un. The number of unemployed surged 42 6 percent from a year earlier to 741 6 thousand while employment declined by 0 2 percent to 15 15 million.