A growing cohort of fresh graduates poised to enter the job market, are instead choosing to 'boomerang' back to university for advanced degrees—Master's and PhDs—aiming to enhance their career prospects. However, this trend has led to the rise of 'overeducation,' where highly qualified individuals find themselves in jobs that do not match their level of education or fully utilise their advanced skills.
Does this phenomenon point to a significant disconnect between the world of education and the world of work? And how does the pursuit of higher qualifications impact the expectations and realities of the job market for the younger generation? On this episode of #ConsiderThis Melisa Idris speaks to Dr Amirul Rafiq Abu Rahim, Research Associate at Khazanah Research Institute. He specialises in labour market analysis, focusing on youth unemployment issues and the career progression of tertiary-educated young workers in Malaysia.