Despite growing youth unemployment, the overall unemployment rate remains low at 3.4% shrinking by 0.3% to 503,000, while labour force and employment were up by 1.9% and 2% respectively last year. Looking forward, MIDF Research forecast that Malaysia's unemployment rate will fall to an average at 3.3% for 2018. According to the CIA World Factbook (2008 est.) the unemployment rate in China is 4% officially in urban areas, but including migrants may be as high as 9%; substantial unemployment and underemployment in rural areas.

According to the CIA World Factbook (2008 est.) the unemployment rate in China is 4% officially in urban areas, but including migrants may be as high as 9%; substantial unemployment and underemployment in rural areas. A recent report revealed that the youth unemployment rate in Malaysia has spiked up to 10.7%. This is three times more than the national unemployment rate which is 3.1%. These numbers from Bank Negara's 2016 annual report were mentioned in an exclusive piece by Malaysiakini on youth unemployment in Malaysia. 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. In 2015, there were 405,000 youths with higher education, and 15.3% were unemployed. Only 53% of the 273,373 graduates in 2015 were employed within six months of graduating. The youth of Malaysia are the ones who are most disenchanted with the new government’s actions and policies. Unemployment is one of the issues still plaguing the nation with the overall unemployment rate stagnant at 3.3 percent, according to the Malaysian department of statistics in their January 2019 monthly statistical bulletin. Hence, unemployment rate in Malaysia is 3.7 percent on 2002. During 2003, Malaysia was hit by double critical incidents which were Severe Acute Respiratory Syndrome (SARS) and Iraq War (Robert Evans,2003). Unemployment rate was 3.8 percent which has increased 0.1percent. Only three states recorded lower youth unemployment rates, namely Johor, Kuala Lumpur, and Kelantan. Globally, Malaysia’s youth unemployment rate is considered normal according to MIDF, despite other Asian countries such as South Korea and Japan seeing lower youth unemployment rates at 8.9% (2016: 10.7%), and 4.7% (5.2%), respectively. Unemployment may be classified as either a frictional, structural, cyclical, or demand-deficit type.   The natural rate of unemployment is between 3.5% and 4.5%.   Unemployment is a key economic indicator. High employment rates can be symptomatic of a distressed economy. Conversely, very low unemployment rates can signal an

2 Nov 2018 In addition to that, the high youth unemployment rate is also on foreign workers and cultivation of entrepreneurship in Malaysia," it noted.

This matter is a grave concern as this will decrease the image of our educational system in Malaysia. Companies or employees might someday totally lost interest in our graduates due to the statistics of high unemployment rates if the root causes of the problem have not been identified. 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: 1. Unrealistic salary or benefits expectations (72%) 2. Too picky about the job or company (64%) 3. The youth of Malaysia are the ones who are most disenchanted with the new government’s actions and policies. Unemployment is one of the issues still plaguing the nation with the overall unemployment rate stagnant at 3.3 percent, according to the Malaysian department of statistics in their January 2019 monthly statistical bulletin. As of June 2017, the unemployment rate is at 3.2 percent. Comparatively, the U.S. currently has an unemployment rate of 4.4 percent. Helping the Right Population. The second reason why the Malaysia poverty rate is low is because of the population that has benefited the most from the recent economic growth. Causes of Unemployment 1070 Words | 5 Pages. Causes of Unemployment In Malaysia, the unemployment rate is considered low compared to the early years such as 1986 where the unemployment rate reached as high as 7.6%. KUALA LUMPUR: The government aims to reduce Malaysia's youth unemployment rate to a single digit from a record 10.8 per cent last year. Youth and Sports Minister Syed Saddiq Syed Abdul Rahman said it will come up with proper planning at all levels to achieve the target.

Graph and download economic data for Youth Unemployment Rate for Malaysia (SLUEM1524ZSMYS) from 1991 to 2019 about Malaysia, 15 to 24 years, 

21 Nov 2019 High jobless rate for youth 'fertile ground' for discontent, Dr M warns Minister Dr Mahathir Mohamad says the high youth unemployment rate could lead “It will take a Malaysian solution, and a Malaysian team, to solve this  Malaysia has managed to maintain high growth rates over the last two decades. Noting that the present rate of unemployment is low, it is expected that. 28 May 2019 The persistent high youth unemployment rate is giving Malaysia's one-year-old government another headache as it grapples with legacy issues 

6 Aug 2018 Looking at Malaysia, although headline unemployment is around 3.4% in 2017, the youth unemployment rate is over three times higher at 

However, Malaysia’s youth unemployment rate is considered normal compared to other countries. The overall unemployment rate remains low as it decreased by 0.3% to 3.4%, while labour force and employment increased by 9% and 2% respectively last year. The unemployment rate is also expected to fall this year to an average 3.3%. Malaysia Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2020. Unemployment Rate in Malaysia averaged 3.28 percent from 1998 until 2020, reaching an all time high of 4.50 percent in March of 1999 and a record low of 2.70 percent in August of 2012. Despite growing youth unemployment, the overall unemployment rate remains low at 3.4% shrinking by 0.3% to 503,000, while labour force and employment were up by 1.9% and 2% respectively last year. Looking forward, MIDF Research forecast that Malaysia's unemployment rate will fall to an average at 3.3% for 2018. According to the CIA World Factbook (2008 est.) the unemployment rate in China is 4% officially in urban areas, but including migrants may be as high as 9%; substantial unemployment and underemployment in rural areas. A recent report revealed that the youth unemployment rate in Malaysia has spiked up to 10.7%. This is three times more than the national unemployment rate which is 3.1%. These numbers from Bank Negara's 2016 annual report were mentioned in an exclusive piece by Malaysiakini on youth unemployment in Malaysia. 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. In 2015, there were 405,000 youths with higher education, and 15.3% were unemployed. Only 53% of the 273,373 graduates in 2015 were employed within six months of graduating. The youth of Malaysia are the ones who are most disenchanted with the new government’s actions and policies. Unemployment is one of the issues still plaguing the nation with the overall unemployment rate stagnant at 3.3 percent, according to the Malaysian department of statistics in their January 2019 monthly statistical bulletin.

18 Sep 2018 That said, Malaysia's unemployment rate remained the same as June 2018, at 3.4%.

21 Nov 2019 High jobless rate for youth 'fertile ground' for discontent, Dr M warns Minister Dr Mahathir Mohamad says the high youth unemployment rate could lead “It will take a Malaysian solution, and a Malaysian team, to solve this 

13 Feb 2019 The jobless rate in Malaysia remained at 3.3% in December 2018, steady when compared to December 2017, according to data from Statistics