New graduates entering the job market need to equip themselves with new and relevant skills to be marketable in a post-pandemic market.
SEVEN to eight out of every 10 employed graduates aged 24 and below were working in the semi-skilled and low-skilled occupation categories in 2020, resulting in lower mean monthly salaries and wages received.
The Department of Statistics of Malaysia says in 2020, the rate of skill-related underemployment for this group went up to 78.6% as compared to 55.1% in 2019. Overall, skill-related underemployment increased to 31.2% in 2020 from 26.7% in 2019 as a result of the health crisis and its ensuing consequence on the economy.
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