COMMENT | When everything seems to be falling down, be it the global oil prices, gross domestic product , or the global economy as a whole, there are a few macroeconomic indicators in which values are rising, one of which is unemployment.
Earlier this month, the Department of Statistics Malaysia had released the results of a survey on the "Effects of Covid-19 on Economic and Individuals " with a total of 168,182 respondents nationwide participating in it. According to the study, almost 47 percent self-employed workers had lost their jobs – about 19,677 respondents. As for those who still have jobs, 35.5 percent reported a decrease in income by over 90 percent.
If the percentage is taken on an actual scale, this means that out of the 2.86 million self-employed workers, 1.34 million workers have lost their jobs. And almost 540,000 experienced a 90 percent decline in income. However, this is only for those who are self-employed, not even taking into account workers who have employers...
Continue to 'welcome refugees' 5.5 mil or more 'illegals/refugees' in Malaysia now. MuhyiddinYassin - That is 1 to every 6 Malaysians Soon Malaysian women will be refugees in other peoples' countries working as maids. MuhyiddinYassin