Unemployed graduates increased by 22.5% to 202,400 in 2020

Skill-related underemployment was also seen in advanced economies like the United States and United Kingdom with the underemployment rate of graduates for the past five years ranged between 33% and 35%.

KUALA LUMPUR: The ongoing Covid-19 pandemic dealt a severe blow to graduates seeking for jobs last year as the number of them being unemployed increased by 22.5% or 37,200 to 202,400, the Statistics Department said.

Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said on Tuesday the number increased from 165,200 in 2019 due to the unfavourable economic environment last year.