For new grads, job market is less than rosy

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Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Unionist hopes mega projects will create more jobs, while employers federation expects new hires to be mostly on contract. grads job

PETALING JAYA: Unionists and Malaysian employers have challenged online jobs site’s relatively rosy picture of wages and employment in the country.

Solomon said salaries had stagnated. He forecast a slow increase in employment from new mega projects by the government. However Shamsuddin said employers were cautious about adding workers and staff, pointing out a jobs freeze in the public sector and retrenchments of more than 10,000 private sector workers this year.Solomon said two studies had shown that wages were stagnant.

He said: “Prior to the global financial crisis of 2009, job vacancies for low-skilled jobs were less than 50%. In 2005, elementary occupations and operators constituted 30.9% and 15.4% of job vacancies respectively. High-skilled jobs such as senior officials, professionals and technicians were at 19.8% in 2005 against 4.2% in 2018.

However Shamsuddin disagreed with the Jobstore forecast. “Generally will not be hiring more. Instead, many employers have been retrenching. Up to March 19, about 10,200 employees have already been retrenched.”

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Indonesia Berita Terbaru, Indonesia Berita utama