KUALA LUMPUR (July 27): Malaysia saw its number of unemployed graduates rise 22.5% last year to 202,400 from 165,200 in 2019, the latest report from the Department of Statistics Malaysia (DOSM) revealed.
How many Malaysians are jobless?
In 2020, the unemployment rate in Malaysia was at approximately 4.55 percent. Malaysia’s unemployment is relatively low and stable at around three percent which means the population is experiencing close to full employment.
Malaysia : Unemployment rate from 1999 to 2020.
How many university 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.
What percentage of graduates get a job?
Employment rates of recent tertiary graduates were lowest at 79.5 % in 2014 (which was 7.4 points lower than in 2008) but were up to 85.0 % in 2019, still 1.9 percentage points below their relative peak in 2008 (at 86.9 %) before going down to 83.7 % in 2020.
Is 12 unemployment rate high?
After Hawaii, the next highest rates were in New Mexico, 8.0 percent, and California, 7.9 percent.
View Chart Data.
|Significantly different from national unemployment rate?||Significantly higher than national rate|
|Number of unemployed||1,489,611|
|Civilian labor force||18,907,620|
Is Malaysia economy stable?
Malaysia’s economic freedom score is 74.4, making its economy the 22nd freest in the 2021 Index. Its overall score has decreased by 0.3 point, primarily because of a decline in judicial effectiveness. … The Malaysian economy maintained its ranking in the mostly free category this year.
What degree has the highest unemployment rate?
Physical sciences is a broad major that typically includes courses in biology, chemistry, mathematics, and physics. Of the nearly 11,000 labor force participants who majored in physical sciences, 5.8% are unemployed, a far higher than average jobless rate for college graduates.
Can you be successful without college?
Why do so many people think that you have to go to college to be successful? … Yes, it’s possible to succeed without a college degree. But with so many programs designed to take you from having no experience in a field to being highly-skilled and job-market ready, having a college degree offers a clear advantage.
How many Harvard graduates are unemployed?
“Clearly your knowledge of education is a failure. 90 percent of Harvard Business grads are UNEMPLOYED.”
What degree has highest employment rate?
Top 10 Most Employable Degrees
- Subjects allied to medicine – 93%.
- Architecture, building & planning – 92%.
- Education – 90%.
- Engineering & technology – 85%.
- Computer Science – 80%.
- Mathematical sciences – 79%.
- Business studies – 75%.
- Law – 74%.
What percentage of university students get a job?
The employment rate increased after 2010, reaching 79 percent in 2019; however, the rate in 2019 was still lower than the rate in 2000. During these years, the same patterns in employment rates were observed for those at most levels of educational attainment.