Challenges of Malaysian Labour Market

2004 Words9 Pages
1.0 Introduction Labour market is a key issue for many developing as well as developed countries. Whether the people are skilled or unskilled is determining factor for the inflow of foreign direct investment (FDIs) to many developing nations. So, Malaysia depended on its abundant supply of literate and trainable labour force to attract investments in the export-oriented electronics industry since the early 70s’. This labour force has gone through skilled upgrading and enhancement in the past three decades and today, Malaysia can boast of having a pool of relatively skilled and professional labour force that is capable of handling and developing state-of-the-art technologies. Despite these accomplishments, human labour which was and…show more content…
2.2 The Challenges in Labour Force of Malaysia 2.2.1 Education and skill attainment The quality of the labour force will be improved with the increasing share of the labour force with educational attainment at tertiary level to meet the demand of a knowledge-based economy (Ninth Malaysia Plan, 2006). One area of growing concern is the disproportionately low percentage of males at higher levels of education and interaction her with ethnicity (Nagaraj and Lee, 2002). The overall labour force participation rate (LFPR) is expected to be 67.3% in 2010 with the LFPR for male at 87.4% and female LFPR at 46.3% in 2010. The labour force is estimated to increase to 12.4 million in 2010 (Ninth Malaysia Plan, 2006). Another stems from preferences for education and work, there are of course factors besides education that shape the occupational distribution patterns of males and females-these include aptitude, tastes, economic factors and gender discrimination (). But importantly, to the extent that women prefer not to go into science based fields, there may be shortage of workers with the requisite level of education; the emerging pattern suggests a strong link between development and education of women, but not between the development and the number of women scientist (Nagaraj, 2001). There is therefore a
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