Newspaper Article About Unemployment In Malaysia

Mier executive director emeritus professor dr zakariah abdul rashid expressed concern especially on the rising unemployment among youths.

Newspaper article about unemployment in malaysia. Malaysia employment rates are in good health with a total employment of 14 67 million people the dewan rakyat was told. Kuala lumpur may 14 the country is projected to record an unemployment rate of between 3 5 per cent and 5 5 per cent this year due to the impact from covid 19 the department of statistics malaysia dosm said. 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. Kuala lumpur april 18.

News about unemployment including commentary and archival articles published in the new york times. 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. Chief statistician datuk seri dr mohd uzir mahidin said the government s move to partially reopen the economy during the movement control order period and the prihatin rakyat economic stimulus package would however assist workers and households in facing the critical. Nevertheless a news report back in may last year suggests otherwise.

Malaysia s unemployment rate which was recorded at 10 8 last year was most likely due to the mismatch of skills. The rising youth unemployment rate was mainly contributed by the soaring numbers of unemployed graduates about 204 000 constituting 40 5 of total unemployment. Unemployment has become a serious issue in malaysia says the malaysian institute of economic research mier noting that the slower economic growth could not support the labour market. Human resources minister m kulasegaran was quoted as saying that the lack of malaysians working in certain sectors is not solely because they are too picky but because salaries are too low.

The increasing unemployment rate is a grave concern since this issue may decrease the image of the educational system in malaysia and hence might lead to some companies losing their confidence in. Yet the problem of graduate unemployment continues.