Economy too dependent on Form Five education level, says Ikim DG
( Im posting this old report as a reminder to PM Najib on his latest rhetoric of ‘promises fulfilled’)
KUALA LUMPUR: The national economy is too dependent on a labour force with Sijil Pelajaran Malaysia or Form Five (SPM) level of education, said Malaysian Islamic Understanding Institute (Ikim) director-general Datuk Nik Mustapha Nik Hassan.
The New Economic Model Report (MBE) for 2008 indicated that 80% of the economy was dependent on workers who had SPM, he said.
“This is worrying because with only SPM, it is difficult for them to contribute to a higher level.
“This situation will impact the nation in the future because Malaysia is dependent on export to progress and compete at the global level,” he said when tabling a working paper, ‘Civilisation Approach to the New Economic Model’ at a forum here.
He said the report stated that 40% of households were lowest in the national income hierarchy and only capable of generating an income of RM1,500 a month.
Nik Mustapha said that in 2008, about 350,000 Malaysians worked abroad, half of whom were graduates of local universities.
“A study must be carried out to determine why local university graduates worked overseas.
“Is it because of the quality or the economic situation which is unable to create the type of jobs, in line with their qualification?,” he asked.
He said efforts to eradicate poverty for all races and not certain groups was important to show positive signs on the capability of developing the national economy.
In spurring the economy, Nik Mustapha said the country required a group of workers who could think analytically and understand the current and localised reality, because merely understanding the challenges of work was insufficient. – Bernama
(Published: Thursday July 12, 2012 MYT 6:10:00 PM)