PETALING JAYA: Graduates who secure a job after being unemployed for more than a year will receive a wage incentive of RM500 per month under Budget 2020. Finance Minister Lim Guan Eng said under the Graduates@Work programme, graduates who secure work would receive a wage incentive of RM500 per month for a duration of two years. Lim noted that there were more than half a million unemployed Malaysians in 2018, of whom 140,000 were unemployed graduates. Lim said the programme was designed specifically for the hiring of graduates who had been unemployed for more than a year. Related stories:Budget 2020: Reducing property overhang, improving accessibilityBudget 2020: DoE, DoC get RM30mil after year of pollution crisisBudget 2020: Cabinet OKs MoF plan to take over four highways

Source: The Star October 11, 2019 10:52 UTC