Job market to improve further


Kenanga Research maintained its average unemployment rate forecasts at 3.5% in 2023 and 3.3% in 2024.

PETALING JAYA: Malaysia’s job market is expected to strengthen further towards the end of this year, albeit at a moderate pace.

This positive outlook is supported by the expected increase in hiring in the coming months as the country’s economy continues to grow.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Oil set for weekly gain on signs of improving demand
BNM's initiatives help cushion pressure on the ringgit
Stocks drift on uncertainty over timing of US rate cuts
China to cut mortgage interest rates, home down-payment ratio to boost demand
Itmax secures RM105.3mil contract from DBKL
Maxis posts strong 1Q net profit of RM353mil
Bursa Malaysia's rally pushes on amid regional profit-taking
Malaysia's economy grows 4.2% in 1Q, beating expectations
China's factories fire up but consumer, property weakness persists
Ringgit opens marginally lower against greenback as investors await 1Q GDP release

Others Also Read