Fresh Graduate Unemployment Rate In Malaysia

Meanwhile graduates outside labour force was 0 81 million persons in 2018 increased 5 5 per cent from 0 77 million persons 2017.

Fresh graduate unemployment rate in malaysia. Graduates attributes lecturers competency and quality of education february 2014 procedia social and behavioral sciences 112 1056 1063. Here s the hard truth being a university graduate no longer guarantees you a job. Fresh graduates in malaysia struggling to find jobs. Employed graduates by age group and sex malaysia 2018 000.

Image via yusof mat isa malay mail 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. Kuala lumpur oct 15 nearly 60 per cent of first degree holders and above remain unemployed after one year of graduating according to education minister dr maszlee malik. This matter is a grave concern as this will decrease the image of our educational system in malaysia. Unfortunately 1 out of 5 graduates remain unemployed with the majority being degree holders.

He said the facts were based on findings from the ministry of education malaysia s graduate tracer study skpg for 2018. The unemployment rate in malaysia jumped to 4 7 percent in august 2020 from 3 3 percent in the corresponding month of the previous year amid the severe impact caused by the covid 19 pandemic. The number of unemployed surged 42 6 percent from a year earlier to 741 6 thousand while employment declined by 0 2 percent to 15 15 million. Unemployment among malaysia graduates.

Last year 189 543 out of 330 557 graduates managed to get a job six months after they graduated. Companies or employees might someday totally lost interest in our graduates due to the statistics of high unemployment rates if the root causes of the problem have not been identified. Our 21 public sector universities and 38 private sector universities produce something like 51 000 graduates a year but nearly 60 remain unemployed one year after graduation according to a study in 2018 conducted by the minstry of education malaysia s graduate tracer study.