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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...

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Main Authors: Jamaludin, Salwaty, Said, Rusmawati, Ismail, Normaz Wana, Mohamed Nor, Norashidah
Format: Article
Published: Multidisciplinary Digital Publishing Institute 2021
Online Access:http://psasir.upm.edu.my/id/eprint/96000/
https://www.mdpi.com/2071-1050/13/4/1973
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spelling my.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
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
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.
format Article
author Jamaludin, Salwaty
Said, Rusmawati
Ismail, Normaz Wana
Mohamed Nor, Norashidah
spellingShingle Jamaludin, Salwaty
Said, Rusmawati
Ismail, Normaz Wana
Mohamed Nor, Norashidah
Are jobs available in the market? a perspective from the supply side
author_facet Jamaludin, Salwaty
Said, Rusmawati
Ismail, Normaz Wana
Mohamed Nor, Norashidah
author_sort Jamaludin, Salwaty
title 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_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_sort are jobs available in the market? a perspective from the supply side
publisher Multidisciplinary Digital Publishing Institute
publishDate 2021
url http://psasir.upm.edu.my/id/eprint/96000/
https://www.mdpi.com/2071-1050/13/4/1973
_version_ 1761620375534305280
score 13.211869

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