The United Malays National Organisation, often abbreviated as UMNO, is set to hold a large-scale job fair in April, in response to the heightened concerns over rising unemployment rates among Malaysian graduates ahead the country’s 14th general election.
Announcing the event plans to reporters on Thursday (Mar 8), the wing’s chief Khairy Jamaluddin said that the career fair initiated by UMNO Youth is expected to provide employment opportunity for the younger generation of jobseekers.
According to a report released by Bank Negara Malaysia, the youth unemployment rate was estimated to have reached close to 12 percent in 2016, which was more than three times higher than the overall national unemployment rate of 3.1 percent. Owing to this reason, some experts predict that graduate unemployment will be among major issues rising up during the GE14, which is expected to be carried out within the next 90 days.
Critics claimed that the problem points out the longstanding structural weaknesses, expressing similar views stated by some economists that the government is unable to create enough high-skilled jobs. As a result, there is an oversupply of graduates within a very limited high-paying job market, The Malay Online reports.
Regarding to this issue, Barisan Nasional (BN) Youth said that it is very much aware of this, and has consistently introduced initiatives aimed to improve hiring level. Among the programmes held are career counselling, training and development, as well as direct hiring.
As for this year’s job fair, it is set to be held on April 13 and 14 at the Putra World Trade Centre. Khairy said that UMNO Youth is currently working on to gather prospective employers to participate in the event. “Right now we are still talking and gathering as many employers,” he said.