How many fresh graduates are there in Malaysia?

Why is fresh graduate hard to get a job in Malaysia?

According to Malaysia’s Ministry of Education (MOE), of the over 290,000 fresh graduates that enter the employment market every year, almost 20% can’t find a job within six months after graduation. One of the main reasons is that many graduates lack the skills, knowledge and attitudes that employers look for.

What is the fresh graduate salary in Malaysia?

1. Average Base Salary. The average fresh graduate salary in Malaysia is approximately RM 2,412 per month. In terms of a salary range, fresh graduates can expect a salary of between RM 1,949 to RM 2,836 per month.

What percentage of graduates are unemployed?

The number of graduates in professional roles is 73.9%, and up to 87.7% of graduates get a job. Only 3% of graduates are unemployed, and around 15% are considered to be inactive, meaning neither employed nor unemployed.

Is unemployment is a serious problem in Malaysia?

Malaysia’s unemployment is relatively low and stable at around three percent which means the population is experiencing close to full employment. The country reached its lowest level of unemployment in 2014, with a rate of 2.85 percent. Malaysia’s vibrant economy is considered one of the strongest in South_East Asia.

How many companies are there in Malaysia?

Malaysia: Number of companies listed on the stock exchange

The latest value from 2020 is 927 companies.

Why is it hard for fresh graduate to get a job?

Fresh graduates face steep competition

As the number of college graduates and degree holders has increased during the past years, so has the number of job applicants vying for the same position. This means tough competition in the job market, specifically for entry-level posts.

Why is it so hard to get a job as a fresh graduate?

The number of degree holders has increased, causing more competition for the limited number of jobs available in market. The ‘prestige’ that comes with graduating from a university with a perfect GPA has now become diluted. … You’ll now need something more than just a degree to get you that first job.

What is a good salary in Malaysia?

So to give you a roundabout answer, if your income is below RM2,500 a month, you’ll have to live pretty frugally (and many people here subsist on considerably less). RM2,500 to RM4,000 will get you further, and anything above RM5,000 will afford you a pretty comfortable life in KL.

What job can make you rich in Malaysia?

Top 10 highest paying jobs in Malaysia

  1. Medical Director. …
  2. C-suite roles. …
  3. Head of Shared Services. …
  4. Head of Sales. …
  5. Finance Director. …
  6. Head of Banking. …
  7. Engineering Director. …
  8. Human Resources Director.
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