More youths are now unemployed as the number of graduates is growing faster than the creation of high-skilled jobs in Malaysia, a research report by the Penang Institute revealed.
In sharing the report’s findings, Penang Institute’s Dr Ong Kian Ming said many Malaysian graduates are also underemployed largely because there are insufficient new jobs matching their qualifications.
“The percentage of high skilled jobs actually decreased, so what they are forced to do is they have to go down the economic ladder, go and find jobs that are in the middle scale and sometimes even the lower scale,” the general manager of the think-tank’s KL office said at the report’s launch.
