More than 800,000 students currently pursuing their studies at higher learning institutions would not face problems in securing jobs although Malaysia is expected to register lower economic growth, said Higher Education Minister Datuk Seri Mohamed Khaled Nordin. Mohamed Khaled said more jobs and new business opportunities would be stimulated because the government would increase public spending although the private sector has been cutting costs, including retrenching their workers. 'Despite the current economic situation, jobs are still available in business and service sectors because the spending capacity in the country is still high…so universities are encouraging entrepreneurship programmes,' he told reporters after opening a National Information and Communication Technology seminar (ICT) here today.
He added that his ministry would work with the Ministry of Human Resources to identify job opportunities available in industries and encourage graduates to venture into fields that they have studied. According to a study conducted by the ministry, about 80 per cent of Diploma and degree holders are able to secure jobs within six months of completing their studies, he said. He also pointed that the civil service and education sectors continue to offer vast job opportunities for graduates and diploma holders.