Average monthly wages down 9% in 2020

All sectors hit, with agriculture the hardest

KUALA LUMPUR: Mean monthly salaries and wages fell 9% to RM2, 933 in 2020 from RM3, 224 in 2019 due to the fallout from the Covid-19 pandemic, strict restrictions and health crisis, the Statistics Department said.

In its Statistics of Salaries and Wages, Malaysia, 2020 Report released yesterday, the department said the decline was the first since the series began in 2010, as the labour market experienced uneven momentum following the health crisis and economic consequences.