Labour shortage threatens to slow growth


More hands needed: People on their way to work at a factory in Ho Chi Minh City. Vietnam is facing labour scarcity, threatening to further disrupt pandemic-rattled global supply chains. ― Bloomberg

GLOBALLY, as economies reopen after lockdowns, reports of employers unable to find the workers they require have become ubiquitous across the United States, United Kingdom, Canada, Australia, and parts of the European Union, notes Ernst & Young Consulting Sdn Bhd (EY Malaysia) partner – people advisory services Low Choy Huat.

Low tells StarBizWeek that common challenges include early retirement, slower birth rates, a sizeable number of employees in furlough schemes, the mismatch of qualifications and outward migration.

Subscribe now and receive free sooka plan for 1 month. T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

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.
Related stories:
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Labour , shortage , workers , growth , Malaysia , palm oil ,

Next In Business News

Ringgit opens higher against US dollar as US-China trade tensions ease
FBM KLCI opens slightly higher but drifts lower on profit-taking
Trading ideas: Nestcon, DNeX, Uzma, Peterlabs, DKSH, OMH, Keyfield
Nestcon wins RM44mil Labu project
‘Good news’ for bourse
Taiwan insurers hit by losses on US dollar slump
Westports earnings flow intact on long-term jobs
Keyfield bags PETRONAS Carigali contract
DKSH 1Q25 net profit rises 19% on strong sales�
CATL offers banks slim fees in 2025’s top IPO

Others Also Read