Upon graduation, our students would either take a time off from everything to enjoy a few weeks of "holiday" without guilt and to seek adventures with dear friends before embarking on to pursue their career later on. However, after this honeymoon phase has ended, then the worry started to fill butterflies into their stomachs and there will be some who have secured employments with big multinational companies while others settled on smaller offers. Nevertheless, they have pursued what must be done by graduates after completing their education : get employed!
From 1998 to 2007, unemployment in Malaysia ranged from 3.002 percent to 3.611 percent. In 2008, the unemployment rate in Malaysia was 3.3 percent – a 0.1 percent point increase from 2007. 2009 saw unemployment peak at 3.6 percent though this number has since fallen back to 3.3 percent in 2010.
The unemployment rate in Malaysia is expected to remain fairly consistent throughout the next few years. From 2011 to 2013, the unemployment rate is expected to see a marginal improvement from year to year. Eventually, unemployment rates will remain at 3 percent from 2013 to 2016.
The unemployment rate in May inched up to 9.1 percent from 9 percent, the Labor Department said Friday; when Obama took office, it was 7.8 percent.
That's pretty encouraging, I suppose? But, that's a very broad picture in looking at things. I am just wondering what caused our graduates who find it simply to difficult to be employed?
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