Youth Unemployment In Malaysia

Data retrieved in june 21 2020. For youth aged 15 to 24 years the unemployment rate dropped 0 2 percentage points to 13 7 per cent july 2020. In 2018 the youth unemployment rate in malaysia stood at 10 9 lower than the regional average of 12 2 in southeast asia and the pacific chart 1 but the third highest youth unemployment rate in asean after indonesia and the philippines.

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Youth Unemployment A Serious Issue Says Mier The Edge Markets

Youth Unemployment In Malaysia The Region Isis

Reasons For Youth Unemployment Economics Help

Midf Malaysia S High Youth Unemployment Rate Is Normal The Edge Markets

Youth Unemployment In Malaysia The Region Isis

Malaysia s youth unemployment vastly exceeds the other age groups.

Youth unemployment in malaysia. Youth unemployment rate from 1999 to 2020. In 2020 the estimated youth unemployment rate in malaysia was at 11 72 percent. Looking at malaysia although headline unemployment is around 3 4 in 2017 the youth unemployment rate is over three times higher at around 10 8 in 2017. Unemployment youth total of total labor force ages 15 24 modeled ilo estimate malaysia international labour organization ilostat database.

13 9 while the unemployment rate for youth aged 15 to 30 years fell 0 8 percentage points to record unemployment rate of 8 9 per cent july 2020. Based on past patterns we can expect youth unemployment rates to rise sharply beyond past levels to new highs of between 15 to 25 percent depending on the age cohort or worse yet even higher. The news site spoke to jobstreet malaysia senior marketing communications executive jessica heng who said that the company s 2017 survey revealed the top five reasons why the unemployment rate among fresh graduates in malaysia is rising namely. In terms of age group the unemployment rate of youth is always higher than the overall and adults.

The level of youth unemployment and the wide margin. The youth unemployment rate in malaysia at 10 9 percent officially is more than triple the national rate of 3 3 percent 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. In 2019 unemployment rates were 14 4 for 15 19 year olds and 9 5 for 20 24 year olds dropping to 3 8 25 29 and under 2 for all other age groups. 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.

These numbers from bank negara s 2016 annual report were mentioned in an exclusive piece by malaysiakini on youth unemployment in malaysia.