Business

Budget 2023: 50,000 possible job offers could boost future grads’ confidence

Additional opportunities will also benefit marginalised groups, says one industry player

Updated 1 year ago · Published on 09 Oct 2022 3:59PM

Budget 2023: 50,000 possible job offers could boost future grads’ confidence
The government’s initiative to offer 50,000 career opportunities through Budget 2023 will instil confidence in future graduates to venture into the working world even though the country is still recovering from the Covid-19 pandemic. – Bernama pic, October 9, 2022

KUALA LUMPUR – The government’s initiative to offer 50,000 career opportunities through Budget 2023 will instil confidence in future graduates to venture into the working world even though the country is still recovering from the Covid-19 pandemic.

Various levels of society in the country, who lost their source of income in several job sectors during the pandemic, can now breathe a sigh of relief with the announcement by Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz when presenting the Supply Bill 2023 in Parliament on Friday.

Private university graduate Intan Iliana Mahmud, 27, said the announcement has not only given hope to graduates that there are job opportunities for them once they have completed their studies, but also gives them confidence that the government always cares about the future of its citizens.

“They (jobseekers) do not need to worry about career opportunities, as the government has offered 50,000 career opportunities on a contract basis, including 15,000 in the public sector and 35,000 through government-linked companies next year,” she said.

According to P. Narain Kumar, 35, a director of transport company NA Maju Logistics, the government’s effort to extend the employment incentive under the Social Security Organisation to encourage employers to provide job opportunities to persons with disabilities, Orang Asli, ex-convicts, and women, was commendable as it gives opportunities or “a second life” to these groups.

“This effort should be continued in the future so that these groups will not be neglected. For example, former prisoners will not hesitate when it comes to seeking jobs, as we can offer jobs to them,” he said.

An ex-convict who wanted to be known as Raj, a storekeeper, said the opportunity given to groups such as his can definitely help to improve themselves and avoid recidivism.

Meanwhile, Ng Siew Chin, 26, who works in the private sector, said the RM20 million allocation for the Graduate Entrepreneur Programme will benefit 1,000 graduates entering the field of entrepreneurship as it will motivate this group to have creative ideas and dreams about future businesses.

“A majority of the younger generation are interested in business...this can be seen on social media such as TikTok and Facebook. Currently, many of them are using social media to promote their businesses. The Push programme will produce successful entrepreneurs,” she said. – Bernama, October 9, 2022

Related News

Malaysia / 5mth

Balance of Budget 2023 funds must be utilised before year end, says Ahmad Maslan

Malaysia / 9mth

60% Budget 2023 spending achievable by August: Ahmad Maslan

Malaysia / 9mth

RM188 bil of 2023 budget spent as of June: Anwar

Malaysia / 11mth

Penang commits to quality jobs, upskilling on Labour Day

Business / 11mth

About a quarter of jobs expected to change in next five years: WEF

Sports & Fitness / 1y

Sabah rugby club hopes for swift execution of budget’s matching grants

Spotlight

Malaysia

Guan Eng welcomes Chow’s wooing of Chinese semiconductor firms

By Ian McIntyre

Malaysia

Gerakan accepts PN decision not to field party’s candidate in Kuala Kubu Baharu

Malaysia

German cops seize four Bugatti Veyrons linked to 1MDB scandal

Malaysia

Economists laud introduction of third EPF account

By Alfian Z.M. Tahir

Malaysia

Chow wants to meet Guan Eng over ‘missed investment’ remarks

By Ian McIntyre

Malaysia

How will Sarawak's 'region' status benefit the poor, asks activist

By Stephen Then