Question: 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%).

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%.

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.

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Why Many Malaysian fresh graduates are unemployed?

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.

What percentage of graduates are unemployed?

What percentage of graduates get a job? The number of graduates in professional roles is 73.9%, and up to 87.7% of graduates get a job. Only 3% of graduates are unemployed, and around 15% are considered to be inactive, meaning neither employed nor unemployed.

How do fresh graduates solve unemployment?

Three ways to reduce graduate unemployment

  1. 1) The ice-breaker-scheme. One barrier making it difficult for university graduates is a general lack of knowledge as to how a person with a higher education can contribute to a business. …
  2. 2) The academic-campaign. …
  3. 3) Support graduate entrepreneurship.

Why Many locals graduates are still jobless?

Locals prefer higher-end jobs,” Shamsuddin said. Shamsuddin seems to suggest that the reason most of these graduates remain unemployed is because they are picky when it comes to job selection.

How much does a fresh graduate earn in Malaysia?

The average fresh graduate salary in Malaysia is approximately RM 2,412 per month. In terms of a salary range, fresh graduates can expect a salary of between RM 1,949 to RM 2,836 per month.

What employers look for in fresh graduates?

10 Skills Employers Look for in New Grads

  • Ability to Work in a Team. It goes without saying that nobody likes the employee who wants to hog the spotlight. …
  • Problem-Solving Skills. …
  • Analytical Skills. …
  • Verbal Communication Skills. …
  • Written Communication Skills. …
  • Leadership Skills. …
  • Initiative. …
  • Technical Skills.
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Why dont fresh graduates get hired?

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.

What are the 5 causes of unemployment?

A look at the main causes of unemployment – including demand deficient, structural, frictional and real wage unemployment.

Main types of unemployment

  • Occupational immobilities. …
  • Geographical immobilities. …
  • Technological change. …
  • Structural change in the economy. …
  • See: structural unemployment.

How many university graduates are there in Malaysia?

The number of graduates in Malaysia in 2020 was 5.36 million persons, increased by 4.4 per cent from 2019 (5.13 million persons).

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 many graduates get a job?

Overall, the survey – which looked at data of 380,970 graduates – found that 88% of graduates were in some form of work or further study – down from 90% in the survey of 2017/18 graduates.

How much do graduates earn compared to non graduates?

They found graduates born in 1970 who had a first or upper second class degree earned 20% more than non-graduates at age 26, compared to a graduate premium of 14% for those with a lower second class degree or below. The researchers had previously found that the graduate premium has reduced over time.

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How many graduates are there?

99.5 million or 39% of adults over 18 have earned a bachelor’s degree or higher. There are 59.7% more bachelor’s program graduates than there were 20 years ago and 20% more than there were 10 years ago. College graduation rates at public institutions have increased 15% since 2010.