Unemployed Graduates In Malaysia

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.

Unemployed graduates in malaysia. 2 4 1 severance pay severance pay in malaysia is regarded as a form of unemployment related benefit for both employers and employees eva liu walter and kwong 2000. 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. Looking at malaysia although headline unemployment is around 3 4 in 2017. In malaysia there are graduates remain unemployed need more concern by the government because it have become a serious case in malaysia.

As the number of graduates continues to climb each year students are facing tough competition amidst a shaky economy. Graduates from the sciences as well as literature and social sciences have higher rates of unemployment. 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. Meantime the labor force rose 1 1 percent to 15 93.

In this infographic find out the truth behind why fresh graduates are unemployed in malaysia and learn about what you can do as a student to increase your employability. Studies show that 1 out of every 5 graduates remain unemployed. In 2015 there were 405 000 youths with higher education and 15 3 were unemployed. In year 2015 involving 132 900 graduates from institutions of higher learning all over malaysia shows that over half of graduates remained unemployed after graduation while 9 7 were still awaiting job placement.

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. 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. According to a study conducted by ministry of education malaysia s graduate tracer study show that a combined number of 51 000 students from both private and public universities graduate each year. A graduate is considered as unemployed if he or she works in a short time or works in jobs which require lower qualifications than achieved ishak et al 2008.