Why Are So Many Malaysian Fresh Grads Unemployed & Underpaid?

Siti Aiysyah Tumin, Research Associate, KRI (Khazanah Research Institute) | Iskandar Fareez, Communications Director, REFSA

20-Apr-21 15:00

Why Are So Many Malaysian Fresh Grads Unemployed & Underpaid?

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Latest reports show that at least 10% of Malaysian graduates have been getting a monthly income of between RM 10001 to RM 1500 since at least 2010. Yes, even graduates with Bachelor’s degrees. And if that doesn’t shock you, then perhaps this next stat will -- in 2020, a staggering 22% of fresh graduates with Bachelor’s degrees fell into this income bracket.

Some may blame the COVID-19 pandemic, others, the recent political turbulence. But some experts have suggested that this is a systemic problem that has been going on for far too long. On this episode, Siti Aiyshah Tumin and Iskandar Fareez joins us to share their insights on the matter.

Image source: Unsplash

Produced by: Dashran Yohan

Presented by: Dashran Yohan

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Categories: Personal Finance, Investments, Financial Literacy, Young Finance, Politics, Social Issues, law & legal matters, Education

Tags: The Bigger Picture, Live & Learn, fresh graduates, unemployment, underpaid, Malaysian job market, minimum pay wage, low income,

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