Malaysia needs high-skilled jobs for our youths — Joshua Woo | Malay Mail

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Malaysia needs high-skilled jobs for our youths — Joshua Woo

SEPTEMBER 20 — From 2010 to 2017, more than 170,000 graduates entered the workforce annually. However, there were only 98,000 high-skilled employment gains in that period, according toMurray Hunter recently pointed out that youth unemployment reached almost 60 per cent of the 504,000Underemployment and youth unemployment are urgent issues that need solution. The remedy lies in our education system, economic policy, and response to global market condition.

After more than 60 years under Barisan Nasional, is our country’s competitiveness robust? Are our education system and social and cultural upbringing preparing our youths to be productively employed? Is our country attracting enough investment that generate high-value jobs?In 1965, Malaysia’s GDP per capita was US$310 while South Korea's was US$108. Our economic productivity was about 65 per cent more than South Korea.

Fast forward to 53 years later, in 2018, our GDP per capita was US$11,239, while South Korea’s was US$31,363. They have surpassed us byIn the past, Vietnam used to be backward compared to Malaysia. Today, Vietnam ranked nine spots above Malaysia in

 

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