Labour market to recover gradually from this month


Chief statistician Datuk Seri Mohd Uzir Mahidin (pic) said the conditional MCO that began on May 5 is likely to affect the labour market further as businesses were still not fully in operation.

PETALING JAYA: The worst seems to be over for the Malaysian labour market, although retrenchments could likely remain high while new hirings struggle to pick up pace.

After the 47-day movement control order (MCO) rattled the local labour market in March and April, experts believe the weak conditions will likely continue in May despite the gradual re-opening of the economy.

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MCO , labour , unemployment , operating costs

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