Youth Unemployment In Malaysia 2018

This statistic presents the unemployment rate for individuals aged 15 to 24 years in malaysia from 2005 to 2018.

Youth unemployment in malaysia 2018. Despite growing youth unemployment the overall unemployment rate remained low at 3 4 shrinking by 0 3 to 503 000 while the labour force and employment rate rose by 1 9 and 2 respectively last year. Ahmad 2018 stated that the government and non government organization launches some volunteerism programs such as tunas usahawan belia bumiputera tube national transformation 2050 tn50 mycorps. Reuters pic kuala lumpur aug 6 the youth unemployment rate is three times higher than the headline employment rate in the country and a key reason to this is the. The government aims to reduce malaysia s youth unemployment rate to a single digit from a record 10 8 per cent last year.

Youth unemployment in malaysia. According to the source the data are ilo estimates. The statistic shows the youth unemployment rate in malaysia from 1999 and 2019. 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.

The youth of malaysia are the ones who are most disenchanted with the new government s actions and policies. Their labour force participation rate was 41 4 per cent in 2013. A report stated that although headline unemployment is around 3 4per cent in 2017 the youth unemployment rate is over three times higher at around 10 8 per cent in 2017. Laws of malaysia 2007.

In 2018 youth unemployment in malaysia was triple the national unemployment rate. It is around 13 2 in 2017 and is estimated to stay around the same level in 2018. Approximately 6 million or 19 per cent of malaysia s total population fall between the ages of 15 24. Therefore in order to address this challenge the governmnent has launched malaysia work.

12 lagi kes baharu kluster sivagangga dikesan. Looking at malaysia although headline unemployment is around 3 4 in 2017 the youth unemployment rate is over. The youth unemployment rate has remained relatively stable hovering around 10 11 per cent which is 6 to 7 times higher than the adult unemployment rate. In 201 approximately 10 8 percent of the labor force aged 15 to 24 years in.