Unemployment Rate Among Graduates In Malaysia 2019

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Unemployment rate among graduates in malaysia 2019. Be among the first to know. 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. Career planning infographic jobs unemployment. In 2020 the unemployment rate in malaysia was at approximately 3 38 percent.

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. Of unemployed persons increased by 17 1 per cent to 610 500 in march as compared to 521 000 in the same month in 2019. A competent lecturer. This statistic shows the unemployment rate in malaysia from 1999 to 2020.

2019 with the. 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. Fresh graduates in malaysia struggling to. 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.

The unemployment rate in malaysia jumped to 4 7 percent in august 2020 from 3 3 percent in the corresponding month of the previous year amid the severe impact caused by the covid 19 pandemic. Statistics show that the unemployment rate for recent college graduates has been steadily moving upward while the general unemployment rate for all other workers has been rapidly declining over. Malaysia s unemployment rate at. 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.

Meantime the labor force gained 1 2 percent to 15 90 million. The high unemployment rate among youth is partly due to the lack of job experience and insufficient skills or education to compete. The issues related to difficulties in study loan repayment and a high unemployment rate among graduates have accentuated.