Causes Of Unemployment In Malaysia Articles
It is important to identify these factors in order to find solutions which can reduce unemployment rate.
Causes of unemployment in malaysia articles. The unemployment situation among graduates has grown from a matter of gnawing concern to an issue that leaves furrows in the brows of education planners. According to bank negara malaysia s 2016 annual report the unemployment rate among youths rose 1 2 from an estimated 9 5 to 10 7 in 2015. In malaysia the private sector today is not interested in recruiting local graduates because they lack several important skills such as the capacity to communicate well in english a lack of ict proficiency and a lack of interpersonal skills. Recently declining of malaysian economies literally hits by factors such as oil prices pest macroeconomics conditions and others.
It is of import to place these factors in order to happen solutions which can cut down unemployment rate. In comparison the national unemployment rate went up by only 0 2 from 2 9 to 3 1. The study aim to investigate the factors that cause unemployment such as consumption investment government spending and trade. 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.
It has been assumed that the lack of experience and skills are the causes leading to the unemployment of graduate s. The overall end of the survey is to analyze the factors that cause and affect the unemployment in malaysia. Its effects most can be seen in oil and gas industry mining and some sme s sector. Unemployment has become a rising concern in the economy and there are many causes of unemployment which are all studied in this article.
The other issue is the low income in malaysia zakariah said at mier s 22nd corporate economic briefing today. The overall goal of the study is to examine the factors that cause and affect the unemployment in malaysia. The survey purpose to look into the factors that cause unemployment such as ingestion investing authorities disbursement and trade. This economic crisis has affected in a very negative manner the trade between countries.