Youth Unemployment in Malaysia
Over the past decade, the youth unemployment rate has been steadily rising in Malaysia. The youth unemployment rate in Malaysia was estimated to have reached 10.85% in 2017, more than three times higher than the national unemployment rate of 3.4%.
In an attempt to address this, the Malaysian government has implemented a graduate placement program, offering students a year long professional internship in both the public and private sectors. Whilst this initiative has been effective in the short term, on average only 30% of graduates remain in full time employment after the program's conclusion.
Fixing this problem requires an inclusive and evidence based process of policy design. This is where the Policy Lab comes in; it will leverage data insights and fresh ideas of young people to co-create ways of tackling youth unemployment.