'Malaysia Unemployment Rate Essay\r'

'An unemployed mortal is one who is able and exiting to work up to now is uneffective to take on a business concern. Unemployment charge per unit is the reduce of throng officially unemployed divided by the labor force. Official unemployment measures those all over the age of 16 who atomic number 18 able for employment, but argon unable to obtain a job. The labor force is the physical body of people over the age of 16 who argon either employed or unemployed.\r\nIn course of instruction 2005, unemployment set in Malaysia (3.0%) higher than unemployment rate in Cambodia (2.5%). Malaysia is a heaven for job seekers who atomic number 18 non so particular on what job is available. As long as there is a job, they will just take it. The fact is true for foreigners particularly from Indonesia, Philippines, Bangladesh, China and many another(prenominal) more. With their presence, the field of job market in Malaysia is becoming more competitive. This is because employers pr efer to affiance these foreigner rather than Malayan repayable to the comparatively cheaper labor cost and easier to manage. That is why graduate Malaysian who is having straight A’s is no endless to secure a job or to confide one a competitive edge in career advancement.\r\nUnemployment rate in Malaysia amplifications to 3.6 % while Cambodia form the same which is 2.5% in division 2006. Another alter factor of higher unemployment rate in Malaysia is delinquent to job matching. Even though there is over 300 thousand of graduate Malaysian from university or college entering the job market in 2006, the dexterity of these graduates is still a concern where their qualification and experiences cannot straightway match the inevitably of the employers. Graduate might choosing the malign course or with the poor result. Nowadays, the employer will withdraw the worker who had a lot of experienced one. In Malaysia, the private sector today is not implicated in recruiting local graduates because they privation of essential skills, such(prenominal) as proficiency in English, a lack of ICT proficiency and interpersonal skill. This leads to appears to be gaps between what employers anticipate and what skills graduates have. Graduates themselves have to realize that they need to adapt to the needs and wants of their future employers.\r\nIn year 2007, the unemployment rate in Cambodia still remains constant which is 2.5%. Unemployment rate in Malaysia had diminutiond to 3.5%. The unemployment rate in Cambodia does not decrease and remains constant in three geezerhood started from 2005 until 2007. The first cause is poverty. closely of the Cambodia citizens are poor, that is why they cannot send their children to school. Children will be lack of knowledge, skills and qualification. As a result, it will be difficult for them to find a job. Besides, with the poor quality of education governance in Cambodia, schools can produce only non-quality human race resources. With the limited number of university, there is no ensure that all graduated students will find job which relevant to them because only people with quality are selected to work.\r\nThe unemployment rate in Cambodia is 3.5% in year 2008 is great than in Malaysia, 3.2%. The unemployment rate in Cambodia suddenly increase 1.0% from year 2007 to 2008. This happened delinquent to the job opportunity. Since Cambodia is small and poor, it is not good enough to attract foreign investor. In this case, only small numbers of job opportunities are available for the rest of population. Moreover, this cause might due to lack of encouragement from government in the coronation climate. In addition, the development of technology is another causal agency why unemployment rate in Cambodia increased. With the advantages of using machinery in their factory, some owners have dismissed their workers. Therefore, many people suddenly lose their job. This helps nothing but to increase un employment rate higher and higher.\r\nIn year 2009, the unemployment rate in Cambodia remains the same as the year of 2008, 3.5% while there is an increase in Malaysia unemployment rate which is 3.3%. Even though there are many job opportunities in Malaysia, the unemployment rate among Malaysian are increases. Obviously the reason contributing this factor is due to the world economy meltdown. Malaysia is a developing rural which fully relies on foreign direct investiture (FDI) especially from countries such as Americas, Japan and Europe. Most of these FDI are into the manufacturing sector. Many major multinational companies (MNC) in Malaysia have announced layoff plans including factory and office shutdowns to lower the impact of the economic slowdown. With the presence of manufacturing of MNC in Malaysia are significant, the layoff plans contributed to the increase of the unemployment rate.\r\n'