Are jobs available in the market? a perspective from the supply side
Graduate unemployment exhibits a clear increasing global trend, and Malaysia is no exception. The unemployment rate among graduates is witnessing a considerable upsurge, growing from 43,800 in 2000 (15% of total unemployed) to more than 175,500 in 2017 (35%). Numerous programmes have been implemente...
| Main Authors: | , , , |
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| Format: | Article |
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Multidisciplinary Digital Publishing Institute
2021
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| _version_ | 1796983178782572544 |
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| author | Jamaludin, Salwaty Said, Rusmawati Ismail, Normaz Wana Mohamed Nor, Norashidah |
| author_facet | Jamaludin, Salwaty Said, Rusmawati Ismail, Normaz Wana Mohamed Nor, Norashidah |
| author_sort | Jamaludin, Salwaty |
| collection | UPM |
| description | Graduate unemployment exhibits a clear increasing global trend, and Malaysia is no exception. The unemployment rate among graduates is witnessing a considerable upsurge, growing from 43,800 in 2000 (15% of total unemployed) to more than 175,500 in 2017 (35%). Numerous programmes have been implemented in order to secure jobs for the unemployed in the labour market; however, the number of unemployed graduates keeps on increasing. It is significant to recognise the main reason behind this issue to tackle the risk of long-term unemployment, specifically from the supply side. Using the Relative Importance Index (RII), this study investigated 402 respondents at selected job fairs to identify the cause of their difficulty in entering the labour market. The findings revealed that the unemployed people believe that the principal cause of their unemployment is the lack of suitable jobs for them in the market. This circumstance sends a signal of asymmetric information between demand and supply in the labour market, especially to young graduates. |
| first_indexed | 2024-03-06T11:02:46Z |
| format | Article |
| id | upm.eprints-96000 |
| institution | Universiti Putra Malaysia |
| last_indexed | 2024-03-06T11:02:46Z |
| publishDate | 2021 |
| publisher | Multidisciplinary Digital Publishing Institute |
| record_format | dspace |
| spelling | upm.eprints-960002023-03-17T01:58:43Z http://psasir.upm.edu.my/id/eprint/96000/ Are jobs available in the market? a perspective from the supply side Jamaludin, Salwaty Said, Rusmawati Ismail, Normaz Wana Mohamed Nor, Norashidah Graduate unemployment exhibits a clear increasing global trend, and Malaysia is no exception. The unemployment rate among graduates is witnessing a considerable upsurge, growing from 43,800 in 2000 (15% of total unemployed) to more than 175,500 in 2017 (35%). Numerous programmes have been implemented in order to secure jobs for the unemployed in the labour market; however, the number of unemployed graduates keeps on increasing. It is significant to recognise the main reason behind this issue to tackle the risk of long-term unemployment, specifically from the supply side. Using the Relative Importance Index (RII), this study investigated 402 respondents at selected job fairs to identify the cause of their difficulty in entering the labour market. The findings revealed that the unemployed people believe that the principal cause of their unemployment is the lack of suitable jobs for them in the market. This circumstance sends a signal of asymmetric information between demand and supply in the labour market, especially to young graduates. Multidisciplinary Digital Publishing Institute 2021 Article PeerReviewed Jamaludin, Salwaty and Said, Rusmawati and Ismail, Normaz Wana and Mohamed Nor, Norashidah (2021) Are jobs available in the market? a perspective from the supply side. Sustainability, 13 (4). art. no. 1973. pp. 1-18. ISSN 2071-1050 https://www.mdpi.com/2071-1050/13/4/1973 10.3390/su13041973 |
| spellingShingle | Jamaludin, Salwaty Said, Rusmawati Ismail, Normaz Wana Mohamed Nor, Norashidah Are jobs available in the market? a perspective from the supply side |
| title | Are jobs available in the market? a perspective from the supply side |
| title_full | Are jobs available in the market? a perspective from the supply side |
| title_fullStr | Are jobs available in the market? a perspective from the supply side |
| title_full_unstemmed | Are jobs available in the market? a perspective from the supply side |
| title_short | Are jobs available in the market? a perspective from the supply side |
| title_sort | are jobs available in the market a perspective from the supply side |
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