Why fresh graduates are unemployed and jobless in Malaysia?

Why fresh graduates are unemployed and jobless in Malaysia?

DOSM chief statistician Datuk Seri Dr Mohd Uzir Mahidin said that the unemployment among fresh graduates are mainly caused by the unfavourable economic environment in 2020 due to the Covid-19 outbreak in Malaysia. In addition, he said that the unemployment rate had increased from 3.9% in 2019 to 4.4% in 2020.

How can we improve graduate employability in Malaysia?

Tips and Tricks For Malaysian Graduates To Increase Employability

1. Pick Up IT Skills. According to Jobstreet’s Job Outlook 2019, employers are looking for candidates that are skilled in Information Technology.
2. Actively Find Work Experience.
3. Work on Developing Your Soft Skills.
4. Prepare Well For Your Interview.

How many graduates are unemployed in Malaysia?

The number of graduates in Malaysia in 2020 was 5.36 million persons, increased by 4.4% from 2019 (5.13 million persons), according to data from Statistics Malaysia. Meanwhile, the graduate unemployment rate spiked to 4.4%.

What do employers look for in graduates Malaysia?

The eight categories of skills that employers emphasise above academic qualifications identified by MOE are critical thinking, problem solving, communication, teamwork, continuous learning, information technology, entrepreneurship, professional ethics, and morals.

Why is fresh graduate hard to get a job in Malaysia?

According to employers and industry players, the majority of Malaysian fresh graduates lack the technical, problem solving and soft skills that employers require to compete for jobs in Malaysia. As a result, the job market is highly competitive as only a handful of talents possess the right skill sets to get hired.

What should an unemployed graduate do?

I have come up with five tips to help keep unemployed graduates going.

• Tip One – Volunteer.
• Tip Two – Consider Doing A Part-Time/Temporary Job.
• Tip Three – Redesign Your CV.
• Tip Four – Take A Free Online Short Course.
• Tip Five – Introspect.
• Tip Six – Stay Active.

How do you make graduates employable?

7 ways to improve graduate employability

1. Pick up a hobby.
2. Take an online short course.
3. Start reading.
4. Improve your online presence.
5. Sign up as a volunteer.
6. Learn a language.
7. Craft the perfect CV.

How can a graduate overcome unemployment in Malaysia?

restructuring the educational system in order to increase the students’ achievements 2. increasing the graduates’ skills in order to increase the marketability of the graduates, and 3. restructuring the labour market system in order to develop Malaysia as a high-income nation.

What is graduate employability?

Employability is: “a set of achievements – skills, understandings and personal attributes – that makes graduates more likely to gain employment and be successful in their chosen occupations, which benefits themselves, the workforce, the community and the economy.”

How many fresh graduates are there in Malaysia?

The number of employed graduates was 4.35 million persons, increased by 5.6 per cent from 4.12 million persons in 2019. Meanwhile, graduates’ unemployment rate spike to 4.4 per cent with the number of unemployed graduates was 202.4 thousand persons (2019: 165.2 thousand persons; 3.9%).

Why do graduates fail to get a job?

Fresh graduates face steep competition As the number of college graduates and degree holders has increased during the past years, so has the number of job applicants vying for the same position. This means tough competition in the job market, specifically for entry-level posts.

Can you get a graduate job 3 years after graduating?

A common myth about graduate jobs is that if you don’t get one straight out of university, you’ve missed your chance. There’s no official limit on when you can apply for a graduate job. However, you’re more likely to be accepted to a graduate scheme or graduate job within the first three years after your graduation.

How many fresh graduates in Malaysia are unemployed after graduation?

This two-pronged approach by the government highlighted a pressing issue in Malaysia, backed by the Higher Education Statistics 2018 released by The Ministry of Education. Findings showed that while more than 290,000 students graduate annually, one in five fresh graduates remain unemployed for six months post-graduation.

What is the British Council doing for Malaysia’s future workforce?

In conjunction with the British Council Study UK Fair, the British Council recently organised a panel discussion to facilitate conversation between stakeholders on Malaysia’s future workforce and graduate employability.

Does being a university graduate guarantee you a job?

Here’s the hard truth — being a university graduate no longer guarantees you a job. As the number of graduates continues to climb each year, students are facing tough competition amidst a shaky economy.

What percentage of graduates are unemployed?

Every year, over 290,000 students graduate from institutions of higher learning. Unfortunately, 1 out of 5 graduates remain unemployed, with the majority being degree holders. These graduates make up 55% of those who are unemployed.