Unemployment Among Fresh Graduates In Malaysia Statistic

Graduates of universiti malaysia terengganu at their convocation ceremony last november.

Unemployment among fresh graduates in malaysia statistic. Yet the problem of graduate unemployment continues. 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. This statistic shows the unemployment rate in malaysia from 1999 to 2020. Unemployment rate in malaysia averaged 3 33 percent from 1998 until 2020 reaching an all time high of 5 30 percent in may of 2020 and a record low of 2 70 percent in august of 2012.

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. The rising youth unemployment rate was mainly contributed by the soaring graduate unemployment which increased to 9 6 or approximately 204 000 constituting 40 5 of total unemployment. Real starting monthly salaries for most fresh graduates have declined since 2010 says bank negara malaysia. This article was originally published on 3 november 2015 and has been updated as of 26 august 2019 to reflect more current information.

This page provides malaysia unemployment rate actual values historical data forecast chart statistics economic calendar and news. 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. In 2020 the unemployment rate in malaysia was at approximately 3 38 percent. Kuala lumpur may 3.

What you didn t know about fresh graduate unemployment in malaysia infographic michelle leo 26 aug 2019 career planning infographic jobs unemployment.