Causes Of Unemployment In Malaysia

For the first time we now have clear statistics of unemployment among youth including those who have just recently graduated. Meantime the labor force gained 1 2 percent to 15 90 million. The study aim to investigate the factors that cause unemployment such as consumption investment government spending and trade.

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The overall goal of the study is to examine the factors that cause and affect the unemployment in malaysia.

Causes of unemployment in malaysia. 5 reasons why malaysian fresh graduates are unemployed published on june 22 2016 june 22 2016 49 likes 3 comments. Too picky about the job or company 64 3. Causes of unemployment in malaysia 874 words 4 pages issues and concerns of unemployment in malaysia for decades unemployment is seen as a negative issue that affects a country all over the world including malaysia. No one particular country or community can be said to be suffering from the dark sides of unemployment.

Malaysia s unemployment rate is now the highest in a decade at 3 9 per cent as people saw their livelihoods affected amid covid 19 and the movement control order mco said the. Advanced economies are as troubled by this phenomenon as the rest of the world. The overall end of the survey is to analyze the factors that cause and affect the unemployment in malaysia. The unemployment rate in malaysia jumped to 4 7 percent in august 2020 from 3 3 percent in the corresponding month of the previous year amid the severe impact caused by the covid 19 pandemic.

As stated by the department of statistics malaysia the unemployment rates among fresh graduates have increased from 30 in 2013 to 34 in 2016 and national unemployment was 3 5 out of 14 million malaysians in the labour market. It is important to identify these factors in order to find solutions which can reduce unemployment rate. The number of unemployed surged 42 6 percent from a year earlier to 741 6 thousand while employment declined by 0 2 percent to 15 15 million. Unrealistic salary or benefits expectations 72 2.

It is of import to place these factors in order to happen solutions which can cut down unemployment rate. The news site spoke to jobstreet malaysia senior marketing communications executive jessica heng who said that the company s 2017 survey revealed the top five reasons why the unemployment rate among fresh graduates in malaysia is rising namely. Unemployment is a global phenomenon and there are many unemployment causes. The survey purpose to look into the factors that cause unemployment such as ingestion investing authorities disbursement and trade.