Tuesday, February 16, 2016

Unemployed Malaysian Graduates

It is interesting to read on page 03 in The Sun today that there are 200,000 unemployed graduates in Malaysia. And when you turn to page 12 in the same newspaper, you read that Noor Azimah Abdul Rahim of the Parent Action Group for Education (PAGE Malaysia) has put the figures at 400,000.
Actually, it doesn’t matter which numbers are correct. We shouldn’t concern ourselves with numbers because these are young Malaysians who are the so-called future of the country and who are out of work.
Whatever numbers you believe, the statistic is already frightening! I can only assume that whatever it is that they have studied in an institution of higher learning is likely to go to waste – unless they can get a job and put to use what they have learnt! Assuming they can put it to good use.
With the Malaysian economy getting ready to hit the skids, the unemployment figures are anticipated to balloon.
About 200,000 students graduate annually but one in 4 fresh graduates remain unemployed six months after graduation – according to Edu Advisor’s Michelle Leo in a web posting dated January 19, 2016.

Among the fresh grads with tertiary education, 31.4% degree holders are unemployed – representing the largest unemployment percentage! Scary, right?
Of which 43.4% comes from Arts & Social Science, 24.5% Technical, 20.2% Science, 8.1% ICT and 3.9% Education.
The majority of these grads come from 51% Public universities (IPTA), 34% Private universities (IPTS), 13% Polytechnics, and 2% Community colleges.
And the Top 3 reasons for fresh grad unemployment: 64% Poor command of English, 60% Poor communication skills, and 59% Poor attitudes.

Employers also felt that they lacked problem-solving skills, decision-making skills, multi-tasking skills and adaptability.

But all is not lost! In spite of unfavorable predictions and sentiments last year, job postings on JobStreet supposedly only fell by 1% in 2015. Eighty-eight percent of employers claimed they are maintaining or increasing hiring in 2016. For everyone’s sake, I hope this is true.

On Monday, I was in Bangsar to attend the KL Advanced Toastmasters meeting. One member’s last-minute withdrawal gave me a speaking slot.

I seized the opportunity to present an Advanced speech (‘Read Out Loud’) from the Specialty Speeches manual – my speech title was "Lunar New Year in Post-war Singapore". It was taken from Carol Selvarajah’s book Dining with Dragons, pages 180-185.

No comments: