Tens of thousands of Malaysians have already lost their jobs due to the COVID-19 crisis and the worst of the damage is yet to come.
Watch #MalaysiaCiptaKerja to understand Mission-Oriented policies that can be introduced to reset the Malaysian economy and create a resilient and sustainable ecosystem for job creation.
Government plays a key role to stabilise and jumpstart the jobs market that has been battered during the COVID-19 recession. This paper proposes counteracting measures in the form of a long-term public sector expansion. Specifically, the public health and tertiary education systems should be expanded to meet underserved demand.
Penjana Kerjaya should incentivise industries towards skilled jobs with decent wages. Under current economic crisis, does it live up to this expectation?
The RM35b PENJANA plan has its merits, but may still fall short in protecting jobs and supporting livelihoods. While some temporary reliefs are essential, the government must urgently look into a much-needed long-term economic reform for Malaysia.
In early April, REFSA prepared a comparison of the COVID-19 related stimulus packages in Malaysia, Singapore and the United Kingdom. Because the overall situation is still evolving quickly, we have created this tracker, which shows the most up-to-date we have for each of the three countries.
There is a suggestion that workers should be upskilled to increase their income during the COVID-19 crisis. But in fact, skilled workers in Malaysia are still being underpaid.
The COVID-19 crisis firmly brought into mainstream thought the benefits of robust systems of social protection.
Let’s make a change, together.
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