Essay on Unemployment

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International Journal of Business and Social Science Vol. 2 No. 16; September 2011 GRADUATES’ CHARACTERISTICS AND UNEMPLOYMENT: A STUDY AMONG MALAYSIAN GRADUATES Associate Professor Dr. Noor Azina Ismail Department of Applied Statistics Faculty of Economics and Administration University of Malaya 50603 Kuala Lumpur, Malaysia E-mail:, Phone: +603 79673638 Abstract The main objective of this paper is to investigate the effects of graduates’ characteristics on the chance of being employed. A total of 3,025 Malaysian graduates involved in the study and data were analyzed using logistic regression analysis. The results show that the employment prospects of graduates with a good command of English and who…show more content…
Public universities have grown from seven public universities in the 1990s to a total of 20 in 2007 (Ministry of Higher Education, 2007). A total of 18 private universities have also been established during the same period. At the same time, there are more than 500 other institutions, including university colleges, branch campuses of local and overseas institutions, open universities and other institutions with non-university status. Student enrolment had sky-rocketed. In 2002, the total number of students enrolled in higher institutions was 576,439 and enrolment had increased to 748,797 in 2007. With the expansion of higher education, greater attention has to be paid to the labor market prospects since imbalances may be created between higher education and labor market demands (Kartz-Gerro & Yaish, 2003; Teichler, 2000). Specifically, there have been concerns about the level of graduate unemployment, the transition from higher education to work and the problems of job mismatches (Kougioumoutzaki & Kalamatianou, 2008). Although the unemployment rate in Malaysia is always low compared to the United States or European countries, there are great concerns for unemployment. This is due to the fact that currently, there is no unemployment insurance or assistance available in the country. Hence an increase in the unemployment rate may lead to an increased crime rate. In light of the above, this paper focuses on issues
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