MALAYSIA’S labour market is facing a two-tiered disruption. The country is ageing rapidly, with more than 15% of the population set to be aged 65 and above by 2050. At the same time, birth rates are falling. In 2024, the fertility rate stood at 1.6 children per woman, well below the 2.1 replacement level. Together, these trends pose long-term challenges to economic sustainability.

