More female graduates in Malaysia find employment
The overall jobless rate for 2.476 million women graduates in Malaysia declined to 4.3% in 2021, versus 4.0% for men.
That is a huge improvement from 2018, when female employment was a full percentage point lower than males. Still, much of the shrinkage has been based on lower-level diploma jobs, according to data released by the Department of Statistics.
Female degree holders, who typically pass higher entry requirements and complete more course work than diploma holders, registered a jobless rate of almost 5.0% in 2021, nearly 2 percentage points higher than their male counterparts.
The reverse was true for female diploma holders, who saw a 3.5% jobless rate last year, compared to male unemployment at 5.0%.
Malaysia’s overall unemployment rate dipped to 3.9% in May, according to the latest figures, thanks to an increase in economic activity after reopening of international borders in April.
The rate has fallen below 4.0% for the first time since the pandemic struck in early 2020, and is comparable to 3.8% in the UK and 3.5% in Australia.
The country has also moved to encourage women to enter the workforce. Female labour force participation grew to 83% in 2021, with men dropping to 87% from more than 88% previously, according to Bloomberg.