Unemployment Rate Among Graduates In Malaysia
The unemployment rate for youth.
Unemployment rate among graduates in malaysia. Hossain and afrin 2018 studied the factors influencing the unemployment rate among fresh graduates in klang valley malaysia using the regression technique hossain et al 2018 by referring. 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. Graduates attributes lecturers competency and quality of education february 2014 procedia social and behavioral sciences 112 1056 1063. 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.
This article was originally published on 3 november 2015 and has been updated as of 26 august 2019 to reflect more current information. What you didn t know about fresh graduate unemployment in malaysia infographic michelle leo 26 aug 2019 career planning infographic jobs unemployment. 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. 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.
Percentage of unemployment among graduates in malaysia has continuously become an issue. 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. Meantime the labor force rose 1 1 percent to 15 93. The job deficit has exacerbated malaysia s already high youth unemployment rate of 13 2 per cent in 2017 which was three times the national unemployment rate.
By observing the figure unemployment rate remained moderate at approximate 3 percent. It is essential to look at the unemployment trends in malaysia for the period ranging from 2000 to 2009 figure 1. 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. Unemployment rate increases steadily from 2001 to 2004.