Youth Unemployment In Malaysia 2018
There are significant geographical and income components to youth unemployment in malaysia.
Youth unemployment in malaysia 2018. Malaysia s youth unemployment rate low says minister. In 2018 the youth unemployment rate in malaysia stood at 10 9 lower than the regional average of 12 2 in southeast asia and the pacific chart 1 but the third highest youth unemployment rate in asean after indonesia and the philippines. Official numbers show that about 218 868 teenagers in 2018 were not enrolled in secondary school. Bernama march 19 2018 3 37 pm.
In july 2018 518 600 people were found to be unemployed in malaysia latest data from the department of statistics malaysia dosm found. The government aims to reduce malaysia s youth unemployment rate to a single digit from a record 10 8 per cent last year. Laws of malaysia 2007. 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.
Meantime the labor force gained 1 2 percent to 15 90 million. It is around 13 2 in 2017 and is estimated to stay around the same level in 2018. How national youth policy nyp can overcome youth unemployment in malaysia. Ahmad 2018 stated that the government and non government organization launches some volunteerism programs such as tunas usahawan belia bumiputera.
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. That said the unemployment rate remained the same as june 2018 at 3 4. The persistent high youth unemployment rate is giving malaysia s one year old government. Looking at malaysia although headline unemployment is around 3 4 in 2017 the youth unemployment rate is over.
The ministry noted that most of the jobs created in 2018 were in the unskilled and low skilled category. Youth unemployment in malaysia. The youth unemployment rate in malaysia at 10 9 percent officially is more than triple the national rate of 3 3 percent 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.