Report blames lack of skilled jobs for slow economy, stunted wage growth

Report blames lack of skilled jobs for slow economy, stunted wage growth - Hello loyal readers FeedGoogle, In the article you are reading this time with the title Report blames lack of skilled jobs for slow economy, stunted wage growth, We have prepared this article well for you to read and take information in it. hopefully the contents of the post Article Malaysians, what we write you can understand. Alright, happy reading.

A report says Malaysia’s youths face unique challenges when looking for employment. (Bernama pic)PETALING JAYA: A report on youth employment in Malaysia claims that employers’ reluctance to develop skilled jobs is one of the reasons economic development has slowed and wage growth has been stunted. The report, authored by Lee Hwok Aun of the Singapore-based ISEAS-Yusof Ishak Institute, acknowledges that young workers and job seekers are having difficulties everywhere but says Malaysia’s youths face unique challenges. Lee says Malaysians with tertiary qualifications are too frequently employed in semi-skilled or low-skilled jobs they were overqualified for and that the proportion of young people in professional or technical jobs has remained stagnant over the last decade. Speaking to FMT, he said this mismatch was hurting young workers. Lee Hwok Aun“Working in jobs beneath one’s qua…