Newspaper Article About Unemployment In Malaysia
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Newspaper article about unemployment in malaysia. Kuala lumpur april 18. Malaysia s khazanah research institute kri noted in a study released last december titled the school to work transition of young malaysians that 95 percent of young workers in unskilled jobs and 50 percent of those in low skilled manual jobs are over qualified for these occupations. The job deficit has exacerbated malaysia s already high youth unemployment rate of 13 2 per cent in 2017. The country s unemployment rate continues to record a downward trend from 5 3 or 826 100 people last may to 4 6 or 737 500 in september the dewan rakyat was told today.
Mier executive director emeritus professor dr zakariah abdul rashid expressed concern especially on the rising unemployment among youths. The unemployment rate in the us rose to 16 25 in just five weeks which equals to 26 5 million americans. September 10 the youth unemployment rate in malaysia at 10 9 per cent officially is more than triple the national rate of 3 3 per cent and has been gradually rising over the past decade exacerbating the disgruntlement of a youth constituency that was instrumental in swinging the vote that brought the pakatan harapan coalition to power in the 2018 general election. 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.
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. Malaysia s august 2020 unemployment rate remained at 4 7 compared to the preceding month based on the nation s estimated 741 600 unemployed persons against an expanded labour force of about 15 9 million people as the country contended with the impact of the covid 19 pandemic according to the statistics department today. The increase in unemployment is happening not only in malaysia but also across the world. Se asia news the country s central bank said that between 2010 and 2017.