uNEMPLOYMENT RATE AMONG YOUTH BETWEEN MALAYSIA AND INDONESIA

Abstract

Unemployment is an important factor that has a negative impact on society and national development, resulting in social, physical, and economic performance concerns. Developing nations experience unemployment as a result of labour market a lack of competition skill mismatches, and a rising need for semi-skilled workers. Unemployment can be classified as physical, social, or economic. Physical health issues have an influence on physical unemployment, but social unemployment can lead to social marginalization. Malaysia has a comparatively smaller rate of young unemployment than Indonesia. Unemployment is a frequent transitioning step from education to the workforce, with certain young people being particularly vulnerable. College graduates are frequently unemployed after graduation, with temporary unemployment happening as graduates transfer occupations or transition from school to the workforce. Long-term unemployment can result from a lack of fundamental skills required by employers, forcing recent graduates to accept gig jobs or part-time work. Addressing unemployment is crucial to maintain the economy's health and prevent an escalation in law-breaking rates.