How do you read and understand the unemployment statistics? It is important to look behind the headline and understand the quality of the jobs being created.
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.
Government and the public sector have unique advantages that can be the catalyst for a vibrant, resilient, sustainable and fair economy.
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.
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.
Reclassify gig economy workers and provide a regulatory framework will create a more robust social safety net that is seriously lacking.
COVID-19 pandemic has worsened the uncertainty of B40 households regarding job security and the development of their children’s education. Government’s approach to address their economic challenges must be radically changed.
We should not overlooked impact of the Covid-19 outbreak on the nation’s low-income group and gig workers.