Are we moving forward at last?

Kelvin Lee

Whatever measures (or lack thereof) taken by the government until this point to contain the spread of Covid-19 has been slowly killing the country. – The Malaysian Insight file pic, July 19, 2021.

AROUND this time a year ago, I wrote about unemployment in our country. The unemployment rate was at 5.3% then (May 2020). The latest Labour Force Statistics report from the Department of Statistics Malaysia (DOSM) shows that as of May 2021, the unemployment rate had dropped to 4.5%. This is, however, hardly an improvement.

A recent publication by DOSM – Salary and Wages Survey Report 2020 – revealed an overall 9% decline of mean income last year. Which means those that are employed are generally getting paid less compared to the previous year, including the skilled workforce, which suffered the highest decrease among all groups in salaries and wages in 2020.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!

Sign up or sign in here to comment.