View of houses in Island Glade, Penang in June 2021.
KUALA LUMPUR: Signs of financial distress in the country are getting more prevalent and clearer as the Covid-19 impact bites deeper into Malaysia’s economy, resulting in rising unemployment and shrinking incomes.
The Statistics Department’s May 2021 data showed that the jobless rate was at 4.5%, involving over 728,000 workers, although it dropped marginally from 4.6% in April 2021.
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