Malaysia Unemployment Rate 

The unemployment rate in Malaysia fell to 3.4 percent in September of 2017 from 3.5 percent in the same month of the previous year. The number of unemployed persons increased by 0.4 percent from a year earlier to 514,500 while the number of employed persons went up more by 2.1 percent to 14,544,300. The labour force rose 2 percent to 15,058,800 persons. On a seasonally adjusted basis, the jobless rate increased to 3.5 percent from 3.4 percent in the preceding month. Unemployment Rate in Malaysia averaged 3.28 percent from 1998 until 2017, reaching an all time high of 4.50 percent in March of 1999 and a record low of 2.70 percent in August of 2012.

Frictional Unemployment
Frictional unemployment arises when a person is in-between jobs. After a person leaves a company, it naturally takes time to find another job, making this type of unemployment short-lived. It is also the least problematic from an economic standpoint. Arizona, for example, has faced rising frictional unemployment in May of 2016, due to the fact that unemployment has been historically low for the state. Arizona citizens feel confident leaving their jobs with no safety net in search of better employment.

Cyclical Unemployment
Cyclical unemployment comes around due to the business cycle itself. Cyclical unemployment rises during recessionary periods and declines during periods of economic growth. For example, the number of weekly jobless claims in the United States has slowed in the month of June, as oil prices begin to rise and the economy starts to stabilise, adding jobs to the market.

Structural Unemployment
Structural unemployment comes about through technological advances, when people lose their jobs because their skills are outdated. Illinois, for example, after seeing increased unemployment rates in May of 2016, seeks to implement "structural reforms" that will give people new skills and therefore more job opportunities.

Differences in Theories of Unemployment
Many variations of the unemployment rate exist with different definitions concerning who is an "unemployed person" and who is in the "labour force." For example, the U.S. Bureau of Labor Statistics' commonly cites the "U-3" unemployment rate as the official unemployment rate, but this definition of unemployment does not include unemployed workers who have become discouraged by a tough labour market and are no longer looking for work.

Additionally, various schools of economic thought differ on the cause of unemployment. Keynesian economics, for example, proposes that there is a "natural rate" of unemployment even under the best economic conditions. Neoclassical economics, on the other hand, postulates that the labour market is efficient if left alone but that various interventions, such a minimum wage laws and unionisation, put supply and demand out of balance.

So, here I include 7 WAYS; HOW TO PREVENT UNEMPLOYMENT :)

1) Work the job you want after college, during college. When you start looking for jobs in four years, employers are going to be concerned about one thing — your resume. Start getting the experience you need from day one. Even if it isn’t the job you ultimately want, find a part time position that will allow you to build the skills needed for your dream job.

2) Get to know your professors. These individuals have been in the field a lot longer than you, and they know a lot more people who can help you to achieve your goals. Go to your professors for advice and guidance, and they will be your advocates.

3) Practise showing up. In the real world, you don’t get to sleep in through a meeting, so don’t train yourself in college to think it’s okay to sleep in through a class. Your education is your job right now — are you treating it that way?

4) Go for internships. They may not pay, but the experience you will receive will be invaluable when you are applying for jobs in the future.

5) Shadow as often as you can. Students frequently change majors or leave their program because they aren’t sure whether it’s something they’ll like doing in the real world. Don’t wait until last semester of senior year to decide you hate your major — call and ask to shadow someone who is on your desired career path to gain insight and a new friend in the field.

6) Remember why you’re there. College is the most flexible time of your life. You have few responsibilities to others and you are completely in control of your schedule. You get decide how you spend the 20 hours you’re not in class. Will you spend it building towards your future or playing video games?

7) Be a leader. Every company is looking for strong leaders, but the only way you can become one is through practice. Become the editor of the school paper, the captain of a team, or run for student government. If you can’t find a position that interests you on campus, start your own club, and know that future employers will see you as an innovative self-starter.