SKILLS mismatch has been a persistent issue in Malaysia where the expertise of jobseekers, particularly fresh graduates, do not match industry requirements.
This situation has caused some employers to look for the right talents abroad and ended up hiring non-nationals or expatriates for certain positions.
Hence, there is a need to reflect upon the larger picture or structural issues that underly skills mismatch in the country.
The Higher Education Ministry and Human Resources Ministry are two key ministries which play a crucial role in addressing the supply (jobseekers) and demand (job vacancies) in the labour market.
Our education system today churns out approximately 300,000 graduates every year and what is of great concern is that Malaysia has one of the highest graduate unemployment rates in Asean.
Malaysian Employers Federation (MEF) executive director Datuk Shamsuddin Bardan views skills mismatch as a costly affair.
“The estimated cost (from skills mismatch of global