THE FUTURE OF WORK
Youth Leadership Development
Youth, defined as individuals of age 18 to 30 in Malaysia, face an unprecedented challenge in entering a shrinking job market amid the global pandemic. The national unemployment rate peaked at 5.1% during Quarter 2 of 2020, with a staggering 11.72% registered in the youth category; the highest in the past two decades.
Besides, the youth employment landscape is further set-back with educational and skill mismatches with the labor market. Hence, approximately 1.9 million graduates are underemployed, even with a workforce possessing tertiary education certificates at a historic high of 33.3% in Malaysia.
As AIESEC in Malaysia has been working with youth directly in the past 50 years, this report aims to bridge the conversation between workforce and youth with the following objectives :
- To provide youth’ insights and perspectives toward workforce
- To provide a holistic view of employer branding initiatives in Malaysia
- To support AIESEC in Malaysia’s partners in planning and initiating youth engagement activities for talent acquisition