This analysis presents the skills landscape in Malaysia, identifying the gap between talent supply and demand. It highlights the skills currently experiencing a surplus versus those facing a shortage.

Key findings indicate:

• Core Skill Surplus: Malaysia has a significant talent surplus in Training and Education (value 0.35), Cognitive Skills (0.22), and Arts and Humanities Knowledge (0.18).
• Core Skill Shortage: There is a notable shortage in skills related to Law and Public Safety Knowledge (value -0.14), Physical Skills (-0.09), and Production and Technology Knowledge (-0.09).
• Sub-Skill Level Shortage: A more detailed look reveals that the most critical shortage is in Transportation, with a value of -0.20.

Overall, this data is crucial for guiding policymakers, educational institutions, and industry players in formulating talent development strategies that are better aligned with the nation’s economic needs.

Source: OECD Skills Data 2023