Journal Article About Unemployment In Malaysia
Employment unemployment and non participation krof et al 2016.
Journal article about unemployment in malaysia. The number of unemployed surged 42 percent from a year earlier to 745 1 thousand while employment declined 0 7 percent to 15 07 million. Meantime the labor force went up 0 7 percent to 15 82 million. Written by jasmine andria. While the highest rate of jobless in malaysia was in may for the year 2013 with.
Kuala lumpur april 3. There are employers in the industry who gave negative comments on the graduates and mentioned that the graduates do not have the suitable skills and qualifications which meet the needs of the industry. Amid the covid 19 pandemic this year malaysia s unemployment rate is expected to shoot up to 4 this year from 3 3 in 2019 said bank negara malaysia bnm labour market conditions in general are expected to be weak this year affected by the covid 19 pandemic we expect the labour market to be considerably weaker and the unemployment rate to increase to about 4. The other issue is the low income in malaysia zakariah said at mier s 22nd corporate economic briefing today.
The unemployment rate in malaysia increased to 4 7 percent in july 2020 from 3 3 percent in the corresponding month of the previous year. Unemployment issue in malaysia rahmah et al. 2011 mentioned that one of the factors that contribute to the unemployment problem among the malaysian graduates is the quality of the graduates. Malaysia reported a 17 1 increase in unemployed persons to 610 500 in march this year the fallout from the movement control order mco as the government sought to minimise the.
Malaysia s unemployment rate which was recorded at 10 8 last year was most likely due to the mismatch of skills. 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. The fluctuating of the economic structure and the landscape is a likely the reason for the increases of the unemployment rate in malaysia. Even though the rate of unemployment in malaysia decreased throughout the year the number of unemployed graduate in malaysia increased department of statistics malaysia 2011.
In a report issued by midf research it stated the figure was influenced by the soaring graduate unemployment rate which spiked to 9 6 and translated to 204 000 people this also made up 40 5 of total unemployment. Journal of economics and sustainable development. The significant increase of the malaysia unemployment and employment rate occurred due to the rise of the number of people in the labor market reported by the department of statistics the star 2013 october 23. Foreign worker another factor contributes to the unemployment rate in malaysia is the foreign workers as unemployment.
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