...TermPaperWarehouse.com - Free Term Papers, Essays and Research Documents The Research Paper Factory JoinSearchBrowseSaved Papers Home Page » Social Issues Unemployment Among Fresh Graduates In: Social Issues Unemployment Among Fresh Graduates Topic : Identify the effects of unemployment among the fresh graduates in Malaysia. Problem statement Unemployment has been a serious problem facing in our country especially among the fresh graduates. By some estimation, the increase of Malaysian populations within last one decade causes the increased amount of Malaysian labour force. This may results to the in unemployment that considered as damaging issue to the national economy because high unemployment may reduce the aggregate income and give the negative impact on the government. It will slow down the economic development progress of Malaysia. Other factor that affects labour market is technology, when technology rises, the labour market will drop. Thus, many people loss job because of new technology arise, completely for fresh graduates that seeking their job could not get the opportunity and will turn to increasing in unemployment. The best solution to overcome this problem can be implementing the set of mind to be more creative and innovative person rather than depending to the job that provided by government or private sectors such as create their own business as well as be an entrepreneur. Other than that, the problem can be settled by not too choosy...
Words: 337 - Pages: 2
...Identify the effects of unemployment among the fresh graduates in Malaysia. Problem statement Unemployment has been a serious problem facing in our country especially among the fresh graduates. By some estimation, the increase of Malaysian populations within last one decade causes the increased amount of Malaysian labour force. This may results to the in unemployment that considered as damaging issue to the national economy because high unemployment may reduce the aggregate income and give the negative impact on the government. It will slow down the economic development progress of Malaysia. Other factor that affects labour market is technology, when technology rises, the labour market will drop. Thus, many people loss job because of new technology arise, completely for fresh graduates that seeking their job could not get the opportunity and will turn to increasing in unemployment. The best solution to overcome this problem can be implementing the set of mind to be more creative and innovative person rather than depending to the job that provided by government or private sectors such as create their own business as well as be an entrepreneur. Other than that, the problem can be settled by not too choosy in making decision to get a job, even it is not related to the qualification but must consider as started from below is much better. The purposes of this study are: 1. To investigates the effects of unemployment among fresh graduates. 2. To overcome lack...
Words: 306 - Pages: 2
...1A. DIFFERENCIATE BETWEEN UNEMPLOYMENT AND UNDEREMPLOYMENT. B. ASSIGN REASONS FOR THE INCREASE RATE OF GRADUATE UNEMPLOYMENT IN GHANA. 1A. Difference between underemployment and Unemployment The term "underemployment" has three distinct related meanings. In one sense, it refers to a situation in which someone with excellent job qualifications is working in a position which requires lesser qualifications, as for instance in the case of a lawyer driving a school bus. In the second sense, underemployment means working part time when one would prefer to be working full time. In the third sense, underemployment is a form of overstaffing in which employees are not being fully utilized. All forms of underemployment have repercussions for the economy and the health of the business community. By not allowing people to work to their full potential, underemployment can generate worker frustration, leading to a dissatisfaction with a job or employer. For employers, overstaffing can be problematic, because it requires paying people who are not producing, potentially leading to a decline in income. Whiles Unemployment is defined as a situation where someone of working age is not able to get a job but would like to be in full time employment. Therefore, If a Mother left work to bring up a child or if someone went into higher education, they are not working but would not be classed as unemployed as they are not actively seeking employment. 1B. Graduate Unemployment It is a bigger problem of...
Words: 1856 - Pages: 8
...Introduction As the figures of unemployment amongst fresh graduates has been steadily increasing over the past several years, it is imperative for students to prepare to face the probability of not being able to secure the job that they have already set their minds on. According to a study conducted by the Ministry of Higher Education in 2011, out of 184, 581 students who graduated, 44, 391 (24%) of them are unemployed. Among the reasons for unemployment were that the jobs were not suitable and graduates were not confident to face the workplace. Therefore, it is important for fresh graduates to be able to adapt quickly to their situation as there might be a chance that they might not be able to secure the job they want. As the members of this group consists of those studying Psychology and Mass Communication, the area of expertise or the first career choices of each member include to become a counselor, therapist, educational psychologist, clinical psychologist, forensic psychologist and journalist. This assignment will talk about the prospective career choices that can be made with either a Degree in Psychology or Mass Communication should the members of this group are unable to secure the jobs listed above. Three alternative job options will be highlighted, which includes jobs in the field of Advertising, Public Relations and Human Resource. Advertising For a job as an Advertising Sales Executive, the academic requirement is to have a Diploma/...
Words: 1874 - Pages: 8
...THE PERCEPTION OF YS-10 LEARNERS IN THE IMPLEMENTATION OF THE K-12 CURRICULUM A research presented to In Partial Fulfilment of the Requirements for CAE, Economics and Mathematics 11 CHAPTER I PROBLEM AND ITS SETTING I. Introduction Education is a basic human right and a significant factor in the development of children, communities, and countries. (Herz, B. and Sperling G.B., 2004) It is valued by a lot of Filipinos mainly because it is the start of economic improvement and it is the key to a brighter future. The Philippines was one of only three countries in the world and the only one in Asia that still had 10 years in basic education. This has always been seen as a disadvantage for the learners who are competing in an increasingly global job market and also reason of having a high number of unemployment in the country. The government asserts that with the implementation of K12 program, the problem of unemployment in the country will be resolved. In as much as employment in the Philippines is concerned, the K12 education also responds to the fact that most countries in the world already have the same plan in their educational institutions. With this, the standards of these countries go a notch higher than what the country has, thus, creating an expansion in the global competency. (DepEd, 2010) President Aquino aforementioned that we needed to add two more years of basic education in the country. Those who can afford to pay up to fourteen...
Words: 1496 - Pages: 6
...ITRODUCTION Rapid change in economic and political conditions in China, India, and other countries has already begun to affect corporate planning for the engineering workforce in the U.S. To remain competitive in the ever-changing global workforce, American engineers must develop broader perspectives and new teamwork and entrepreneurial competencies to supplement preparation in the traditional technical subjects. Although a semester-long study-abroad experience is a valuable part of an educational program aimed at providing these competencies, this paper discusses the value of supplementing such programs with broader and more comprehensive approaches. In particular, a program with distributed and progressive experiences in teamwork, entrepreneurial thinking, and pervasive design and innovation experiences are described. It’s no secret that the traditional perception of engineering students is a routine of working all day and rarely having any time for play. Let’s face it, for any diligent undergrad, hard work should be the standard, but our friends toiling away in their math and science lectures also need something other than textbooks and laboratory work to mix up their day to day activities. Enrolling in an engineering study abroad program is the perfect way to balance out all of that academic pain with some adventure and fun. There are all types of engineers and all types of engineering programs; so it makes sense that you can study engineering almost anywhere in the world...
Words: 1378 - Pages: 6
...stated that now more than ever, the college degree was a ticked into the middle class, a good job, and a good income. He goes on to say that the degree gifts the graduate an element of security that keeps them employable. The latter is a result of the perception that the degree creates. Potential employers view individuals with degrees as malleable and capable of acquiring new skill sets. On the business front, there is an upsurge of demand for skilled workers in recent years because of dramatic technological advance. Ergo there is an augmented demand for graduates who can carry out the tasks that a high-tech economy needs. The media has been used to highlight this upsurge and often unwittingly, create pressure on parents to send their children to college. While parents deal with all the information heralding college education as a crucial investment to make, they also appraise the information against the backdrop of college costs. In recent decades, the cost of higher learning has exploded. Numerous colleges charge an almost exorbitant fee USD 50,000 annually. Consequently, a parent in the U.S. pays four times more tuition and other fees than their peer in the world. Interestingly, the percentage of Americans with a Bachelor’s degree has increased steadily, despite cautionary claims of elevated costs and graduate inadequacies in the market. An explanation for this phenomenon could be the fact that there...
Words: 1713 - Pages: 7
...[Draw your reader in with an engaging abstract. It is typically a short summary of the document. When you’re ready to add your content, just click here and start typing.] [Draw your reader in with an engaging abstract. It is typically a short summary of the document. When you’re ready to add your content, just click here and start typing.] Aerospace MBA November 28th, 2014 Aerospace MBA November 28th, 2014 Mona Chaibi-Darouez Karima Guetarni Younes Djerrari Mona Chaibi-Darouez Karima Guetarni Younes Djerrari HRM Challenge France working environment HRM Challenge France working environment Lecturer: C BARZANTNI; R KASE; A ALEXANDROU Lecturer: C BARZANTNI; R KASE; A ALEXANDROU Contents Introduction 2 What are the HRM problems you identify 3 a) in the overall professional environment today 3 b) In this company in particular? 4 What will be, according to your perception and experience, the challenges for the future of HRM? 6 a) In general 6 b) In our company 7 Solutions to meet these HRM Challenges 10 a) Improving Performance Management 10 b) Employee Empowerment 11 c) Vocational Training 12 d) Postgraduate program design and updates 13 Conclusion 14 Executive Summary HRM is a key pillar of organization’s strategy aimed to improve overall performance and enhance work conditions. Nowadays and specially after the economic crisis, HR managers are facing several problems affecting the companies performance and thus their competitivity...
Words: 4183 - Pages: 17
...personal and emotional. Obviously, there are specific cases where the question is debatable. If you need a registered professional engineer to approve plans, the degree requirement is a given. If you're a hospital looking for a surgeon, you're probably seeking someone with a PhD in medicine. However, the scope of positions that may or may not require a degree gets gray pretty fast, and the span is pretty wide. And, no industry is immune to this issue. Keywords: experience, degree, organizations, policies, professional, requirement, industry. Education or Experience? It Depends. Take this scenario: Bob and Joe are both applying for the same job. They each interview well, but Bob has 15 years’ experience and no college degree, and Joe is fresh out of college with no experience. Who gets the job? The answer is: it depends. Here are some factors to consider when it comes to the battle between education and experience. Career Field There are some careers where experience is preferred over education and vice versa. In sales for instance, having a track record of dollars brought into the company will far outweigh any degree. Likewise,...
Words: 1710 - Pages: 7
...employment and unemployment in Sri Lanka…………………….7 4. Policies for youth unemployment……………………………………….11 Supply side: improving human capital Education and training Guidance and counseling Job placement and labor mobility Demand side: creating job opportunities Job creation and public work Job prospects for youth in information economy Promoting self-employment and supporting small enterprise 5. Conclusion………………………………………………………………20 6. Bibliography…………………………………………………………….21 Introduction Out of all the precious resources of our country, the most important resource is the human resource. Let me give you some figures: Sri Lanka’s population is 19.7 million and it is expected to increase up to 22 million during the next 10 years. Our labour force is 8 million. Young men and women in Sri Lanka account for 18.5 % of the population. Unemployment rate of the country at present is 7% and of which youth unemployment between ages 16-24 is 22%. Sri Lanka for decades is facing major challenges in providing employment and meeting aspirations of the youth. Economic policies during the past few decades have contributed to the economic growth, at present it is 6.5 - 7%. However, benefits of growth have not reached many segments of the population and sufficient domestic entrepreneurship development has not taken place among the youth. Lack of entrepreneurial culture of the youth and thus queuing for public sector employment is the present day scenario. Youth unemployment is concentrated...
Words: 6275 - Pages: 26
...Success for the motivated So you’ve graduated high school? You’re trying to figure out what your options are. Should you get that college degree that everyone has told you to strive for or, start working fresh out of high school. The real question is “is it worth it?” well, I can give you a simple answer. YES! Plenty of evidence suggests that, on average, a person with a college degree will earn more income, have better job opportunities, and gain more skills and life experience than someone with a high school education. Increasing these suspicions are a few examples of college dropouts who are wildly successful, such as Bill Gates and Mark Zuckerberg. Students begin to argue and doubt the fact that completing college is the best option for...
Words: 447 - Pages: 2
...An Exploratory study on the Challenges Faced by Young Male Entrepreneurs in Karachi Research Proposal Spring 2016 4th Feb 2016 Submitted To: Dr. Jawaid Qureshi Submitted By: Abdul Basit - 1435199 Syed Muhammad Haseeb - 1435218 Contents 1. Introduction 2 1.1 Background 3 1.2 Aims of Research 4 2.0 REVIEW OF LITERATURE 4 3.0 RESEARCH METHODOLOGY 6 3.1 Research Questions 6 3.2 Research Design 6 3.3 Sample Size 7 3.4 Research Instrument 7 References 9 1. Introduction: Interest in entrepreneurship in economies has grown within international business research due to the failure of getting employment, limited success of microfmance, lack of experience and knowledge and the relatively the unfulfilled promise of Government sector solutions. Research argues that entrepreneurial orientations and opportunities can be the answer to the former issue. In recent years, entrepreneurship has been regarded as an important element not only of regional economic growth itself, but of economic resilience. It has been suggested that this generation should become known as E-Generation because, they are expected to become the most entrepreneurial generation since the Industrial Revolution (D. F. Kuratko, 2004). This would be no surprise as a Gallup poll (Walstad, 2010) conducted in 2010 found that 69% of its 602 surveyed university students expressed interest in starting a business. However, a similar kind of pool which have the students who has just started their...
Words: 2175 - Pages: 9
...HR02752SK Personal and Organizational Development Frankie Yee Moving from education to employment: A reflective commentary 29/12/2013 Andrew Fong Kok Chian Student ID: CT13041921 Executive Summary This reflective commentary is to allow myself to know more about the current graduate employment market, hence determine whether I am suitable for the job that I want. The target position that I am interested is, being a business development manager in an established engineering company. Being in this position, the basic requirement that is needed from me will be my knowledge of products, target market and the means of advertising. As a business development manager, essential skill set will be needed, such as the ability to evaluate data, convey the message effectively, digital marketing knowledge and to have a healthy and good relationship within the company As the engineering industry is evolving every day, I need to have the self-motivation in updating myself with knowledge, so as to be able to understand how my product would perform as well as the target market in the oil and gas industry. Introduction From the study of the employment requirement, I will have a better understanding on what is essential for myself to improve on, in terms of qualifications and skills. By completing this reflective commentary, it also gives me a comprehensive analysis on what is needed to achieve being a successful business development manager. In this reflective commentary...
Words: 2267 - Pages: 10
...ASSESSING GRADUATE EMPLOYMENT IN THE PRESENCE OF ENDOGENEITY AND SAMPLE SELECTION BIAS V1.2 Paul Blacklow* School of Economics and Finance, University of Tasmania, Private Bag 85, Hobart, TAS 7000 Paul.Blacklow@utas.edu.au *Presenting Author JEL Codes: I21, J23, C25 Keywords: Graduate Employment, Self Selection Bias, Sample Selection Bias Aaron Nicholas Department of Economics, Monash University, Wellington Road, Clayton, VIC 3800 Aaron.Nicholas@buseco.monash.edu.au ABSTRACT This paper examines the probability of a recent university graduate obtaining full-time employment by degree of study. It allows for degree choice to be endogenous (self-selection bias) and adjusts for those graduates not in the labour force who are not typically considered in graduate outcome studies (sample-selection bias). The self-selection problem is able to be identified by using a unique data set that combines data from the 2005 and 2006 Australian Graduate Destination Survey with data from the University of Tasmania’s (UTAS) student administration database, which includes students’ pre-tertiary school results. Degree choice is modelled using a Nested Logit, while labour force participation is modelled using a Probit. Using a ‘Heckit’ type methodology, the Inverse Mills Ratios (pseudo-residuals) from the Nested Logit and the modified Inverse Mills Ratios from the Probit are included in the final Probit model for Employment. Both correction terms are statistically significant at 5% in the employment...
Words: 8542 - Pages: 35
...companies of Bangladesh we found “Abul Khair Group” have a quiet fair and active “HRM” department.T hey regularly recruit on the basis of their need .Abul khair Group is one of the Bangladeshi industrial conglomerates. The industries conglomerates include cement, steel, consumer goods, tobacco, edible oil etc. Here we focused and worked with “Abul Khair Tobacco CO. Ltd. Here we have briefly discussed about their(1) company overview(2)HRM overview (3)company structure (4) salary range (5)employee selection process (6) problems of selection process and it’s solution (7) probability of changing the selection process(8) feedback of the selection process(9)probationary period (10) training and development (11) expectation from a fresh graduate (12)demand of BBA and MBA in Abul Khair and (130)SWOT analysis. ------------------------------------------------- To complete this sections several times we had visited the company and talked with many employees of the company and at last we took help from the website of Abul Khair.We tried to give relevant and authentic information of the company. ------------------------------------------------- As we are varsity student we hardly tried to observe the demand of BBA and MBA students and the qualifications they look apart from certificates. By reading the text book we tried to do the SWOT analysis . we tried to do better...
Words: 4514 - Pages: 19
