Unemployment Rate Among Graduates In Malaysia
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Unemployment rate among graduates in malaysia. 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. 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. What you didn t know about fresh graduate unemployment in malaysia infographic michelle leo 26 aug 2019 career planning infographic jobs unemployment.
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. For the first time we now have clear statistics of unemployment among youth including those who have just recently graduated. This article was originally published on 3 november 2015 and has been updated as of 26 august 2019 to reflect more current information. 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 department of statistics malaysia 2011 found that the unemployment rate in malaysia hadincreased from 3 2 in 2007 to 3 7 in 2009. The minister of human resources fong chan onn stated thatthe national economic action council with the collaboration. Causes problem and solution submitted 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.
High rate of unemployment among graduates in malaysia. Percentage of unemployment among graduates in malaysia has continuously become an issue. 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. Meantime the labor force gained 1 2 percent to 15 90 million.
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.