KUALA LUMPUR: With 60,000 graduates entering the job market each year, the Government has sounded the alarm bells.
Coupled with the thousands with other qualifications, it feels this may lead to serious consequences if Malaysians do not pick up business and entrepreneurial skills needed to sustain the increasing labour market.
Human Resources Minister Datuk Dr Fong Chan Onn said: “You can say that it is reaching a dangerous level and getting frightening by the year. Hence, the need to create more job opportunities to support the labour force.”
“The labour force is growing at a rate of 3.2%,” he added.
Citing countries like China and India, he said there were hundreds of thousands of graduates leaving colleges each year. But, he said, most of them did not depend on the Government for jobs and ventured into various self-employment.
“Graduates must move away from the mentality of depending on the Government for jobs or they will be in serious trouble,” he said.
At a function yesterday, Dr Fong said it was a challenge for the Government to help create more income opportunities and encouraged private organisations to work with them.
“Malaysia’s k-economy master plan focuses on human resource development as a means to develop higher economic growth,” he said after launching Herbalife Products Malaysia’s office here.
Malaysian Employers Federation executive director Shamsuddin Bardan said the influx of graduates was a major issue and the federation was trying to work with the Government to ensure they were given the skills required by the market.
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