Risk of rising unemployment remains high


Malaysian Employers Federation executive director Datuk Shamsuddin Bardan told StarBiz that 2021 has to take into account the 2020 cohort that are coming out of the education system.

PETALING JAYA: The worsening Covid-19 situation that has triggered a second round of movement control order (MCO) in Malaysia has once again cast the spotlight on unemployment.

Businesses are staring at a road full of uncertainties ahead even with the hint of vaccine optimism and as it is, unemployment in 2021 remains jittery.

Save 30% and win Bosch appliances! More Info

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
unemployment , MCO , Bank Islam , employers , cautious , woekers ,

Next In Business News

Sapura Energy returns to the black with RM189.53mil net profit in FY25
Muhibbah Engineering ups stake in Master-Pack to 31% with RM54.65mil share purchase
Ringgit ends lower against greenback due to tariff concerns
Flexidynamic signs MoU to acquire glove former maker Formtech
NexG acquires 7.58% stake in MMAG for RM70mil
RHB Bank invests RM51mil to maintain 40% stake in Boost Bank
Cypark returns to the black
Ingram Micro on navigating the future of virtualisation
Malakoff expands solar partnership with Northport in Phase 2 initiative
Petronas raises US$5bil from its first dollar bond in four years

Others Also Read