Statistics Unemployed Graduates In Malaysia

Unemployment rate in malaysia averaged 3 33 percent from 1998 until 2020 reaching an all time high of 5 30 percent in may of 2020 and a record low of 2 70 percent in august of 2012. The kuala lumpur skyline at sunset on june 6 2014. Here s the hard truth being a university graduate no longer guarantees you a job.

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Number of unemployed graduates in 2018 was 162 0 thousand persons increased 4 6 per cent from 2017 154 9 thousand persons.

Statistics unemployed graduates in malaysia. The ministry of higher education mohe said 75 000 out of 300 000 fresh graduates are expected to be unemployed this year due to the economic downturn caused by the covid 19 pandemic speaking during an event yesterday 28 september higher education minister datuk seri noraini ahmad said the estimation is based on last year s unemployment figures among fresh graduates reported malay mail. These graduates make up 55 of those who are unemployed. More than 600 000 malaysians are now unemployed. This page provides malaysia unemployment rate actual values historical data forecast chart statistics economic calendar and news.

Picture by yusof mat isa. 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. Every year over 290 000 students graduate from institutions of higher learning. In 2020 the unemployment rate in malaysia was at approximately 3 38 percent.

This statistic shows the unemployment rate in malaysia from 1999 to 2020. A total of 56 9 per cent of unemployed graduates were female as compared to 43 1 per cent male. He noted that out of the 15 23 million working population in malaysia 2 8 million people were own account workers such as traders farmers and. Employed refers to all persons who at any time during the reference week worked at least one hour for pay profit or family gain as an employer employee own account worker or unpaid family worker.

Kuala lumpur may 3. Kuala lumpur may 14 the country is projected to record an unemployment rate of between 3 5 per cent and 5 5 per cent this year due to the impact from covid 19 the department of statistics malaysia dosm said. Active unemployed graduates accounted for 71 5 per cent 115 9 thousand persons to the. Unfortunately 1 out of 5 graduates remain unemployed with the majority being degree holders.

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. Malaysia s youth unemployment rate which remained high hitting a record 10 8 last year was likely due to skills mismatch said midf research in a report issued today. Labour force refers to those who during the reference week are in the 15 to 64 years in completed years at last birthday and who are either employed or unemployed.