KUALA LUMPUR, March 4 — Too many graduates in Malaysia have become overqualified for the current job market, forcing them to opt for low- or semi-skilled jobs with subpar...
Singapore‘s ‘Siu Dai by default’ movement lauded by drinks stall workers and customers, but some prefer the status quo
“Since starting one’s career on the wrong foot could have enduring effects on future career trajectory, ‘last-mile’ active labour market initiatives are important to facilitate the education-to-work transition. Notably, in the last three decades, student enrolment in tertiary education multiplied nearly 26 times from 46,596 in 1980 to 1.2 million in 2020.In 2022, there were only 24.9 per cent of high-skilled jobs, including full-time and part-time filled jobs and vacancies.
Overqualification was also an issue within those employed in high-skilled jobs with roughly half of experienced hires being overqualified in their current positions. “Wage stagnation also lingers around Malaysian skilled talents despite having several years of work experience and being employed full-time,
The number of tertiary-educated workers in non-standard employment nearly doubled in less than 10 years from 8.6 per cent in 2013 to 15.8 per cent in 2021.
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