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200,000 Graduates Are Still Unemployed In The Country

Image credit: economics-unemployment.blogspot.com

 

Image credit: ringgitplus.com
Image credit: ringgitplus.com

 

Just when you think things couldn’t be worse in this worsening economy, there are 200,000 graduates in this country that are still unemployed, according to Malaysian Employers Federation (MEF) chief executive Shamsuddin Bardan.

He also said that both the government and private sectors need to take drastic actions to combat the worrying figures.

“The government and the private sector should work together to address this problem,” he said, as quoted by Utusan Malaysia.

“This crisis began back in 2013 when the government decided to increase the retirement age, consequently, the private sector did not recruit new employees to replace the current ones.

“The government has also cease to recruit fresh faces into the workforce, which are between 13,000 to 15,000 graduates. In the private sector on the hand, it’s largely down to the stagnant economy.

“Most organizations are taking the wait and see approach as the future remains largely ambiguous, while others are forced to retrench their staff.

Shamsuddin also added that many of the graduates do not command good English as they are mostly from rural areas.

“Some of these youths are from rural areas, and do not know how to be as presentable as their urban counterparts.

“This phenomenon will cause various social issues in the long run. I hope the government will give incentives to employers so that they do not have to retrench workers, and also award those who hire unemployed graduates,” he concluded.

Source: http://www.utusan.com.my/berita/nasional/200-000-siswazah-berijazah-menganggur-1.142516