Page 189 - Contributed Paper Session (CPS) - Volume 8
P. 189
CPS2232 Syafawati A. R. et al.
3. Result
The underemployment of Malaysia’s labour market was measured by using
three approaches: a) skill-related inadequate employment; b) income-related
inadequate employment; and time-related underemployment to LFS and
Salary & Wages Survey data from year 2010 to 2017. Based on Figure 1, the
total number of employed persons with second job was gradually decreased
since 2013, while the total number of employed persons steadily increased
since 2010. The highest number of employed person with second job is 78,216
persons in Quarter 3 of 2013 with growth rate of 30.2 per cent as compared
to Quarter 2/2013.
Figure 1: Total Number of Employed Persons and Total Number of
Employed Person with Second Job, 2010-2017
4,000,000 100,000
Number of Person 2,000,000 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 40,000 Number of Person
80,000
3,000,000
60,000
1,000,000
20,000
0
0
2010 2011 2012 2013 2014 2015 2016 2017
Employed Second Job
Figure 2 presents the summary statistics for graduates employed in
Malaysia’s labour market. Based on Figure 2, the total number of graduates
actively employed in Malaysia’s labour market shows an increasing trend
where the highest growth rate of graduates employed was 10.6 per cent in
2014. Malaysia’s labour market consists of 19.6 per cent of graduates actively
employed in year 2010 to 2017 where the highest percentage of graduates
employed was 22.2 per cent in 2017 as compared to 17.5 per cent in 2010.
Figure 2: Total Number of Employed Persons and Total Number of
Graduates Employed, 2010-2017
20,000,000
Number of Person 10,000,000
15,000,000
5,000,000
0
2012
2011
2010
Employed
Graduates 2013 2014 2015 2016 2017
Adjusted unemployment rate was calculated by adding underemployment
rate to unemployment rate. Figure 3 shows the adjusted unemployment rate
between year 2010 and 2017. Based on Figure 3, the adjusted unemployment
rate was between 5.3 per cent and 4.8 per cent. The average annual adjusted
178 | I S I W S C 2 0 1 9