Causes Of Unemployment In Malaysia

Causes of unemployment in malaysia the unemployment rate is considered low compared to the early years such as 1986 where the unemployment rate reached as high as 7 6. The study aim to investigate the factors that cause unemployment such as consumption investment government spending and trade. Unemployment rate was 3 8 per centum which has increased 0 1percent.

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Causes Of Unemployment In Malaysia Essay

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One of the major problems in tackling youth unemployment is that the government hasn t analysed the root causes of youth unemployment which is also grossly understated.

Causes of unemployment in malaysia. Unemployment in malaysia analysis 1644 words 7 pages 1 0 introduction unemployment occurs when an individual who are not in employment and who are either in the process of moving to a new job or who are unable to find work citation. The unemployment rate in malaysia surged to 4 6 percent in september 2020 from 3 3 percent in the corresponding month of the previous year amid the severe impact caused by the covid 19 pandemic. 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 freelancers. The overall goal of the study is to examine the factors that cause and affect the unemployment in malaysia.

This is a form of unemployment which is caused by the mismatch in the skills that workers in the economy can offer and the skills needed of workers by employers. Hence unemployment rate in malaysia is 3 7 per centum on 2002. Today the unemployment rate is still affected by many factors and in order to make sure it doesn t reach as high as before we need to find out the causes of unemployment so that we can provide a solution to the cause of it. Here are 3 factors that contribute to unemployment among graduates.

There are some different forms of urban unemployment are there industrial unemployment it occurs when an illiterate people who are ready to work but cannot find the work in any industry or factory. It is important to identify these factors in order to find solutions which can reduce unemployment rate. There are two categories of unemployment which is voluntary and involuntary unemployment. During 2003 malaysia was hit by dual critical incidents which were severe acute respiratory syndrome sars and iraq war robert evans 2003.

Delaying the hunt for employment. Fdi in malaysia is creating jobs for foreign rather than local workers. The number of unemployed jumped 41 4 percent from a year earlier to 737 5 thousand while employment declined by 0 2 percent to 15 19 million. A 2016 report estimated that there were at least 200 000 unemployed graduates in malaysia and that number was predicted to rise.

Educated unemployment it occurs when an educated person is not able to find the right job as per their qualification. These groups of workers were exposed to.