The government has recently launched A Graduate Employability Management Scheme aims at reducing the current rate of unemployment among fresh graduates.
An initiative that has evolved from the Graduate Employability Enhancement Programme (Green) that was started in 2006 by Khazanah Nasional, it will now be undertaken by some 38 government-linked companies that fall under the Putrajaya Committee for GLC High Performance (PCG).
With the support of the Finance Ministry as a project under its stimulus package, Gems will see 5,000 graduates undergoing a two-and-a-half month training programme before being placed in a GLC for six months with a view towards full employment.
The government had promised to create 163,000 training or job opportunities under its RM60 billion second stimulus plan that was announced on Tuesday.
The GREEN progamme had managed a 97 per cent rate of fulltime employment out of 690 who had gone through the programme with another 504 still undergoing training.
Gems is open to those under the age of 27 and who have obtained a CGPA of over 2.5 or an equivalent score in an undergraduate programme.
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