Budget 2022: Unemployment rate expected to dip below four per cent


KUALA LUMPUR: Malaysia's unemployment rate is expected go below 4% following the 600,000 new job opportunities created under a "job guarantee" initiative under Budget 2022, says Datuk Seri M. Saravanan.

The Human Resources Minister said that the workforce, especially the youth, are putting high hopes on Budget 2022 to push the country towards economic recovery.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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

Next In Nation

Ops Kesan 6.0 begins June 1 to curb profiteering amid global supply crisis
Two factories destroyed in morning fire in Sungai Buloh
Ministers extend Kaamatan greetings, highlight unity and harmony
Shangri-La Dialogue: Hegseth praises Malaysia, Asean for burden-sharing to preserve regional stability
Sabah's special grant interim payment increased to RM1.5bil, says PM
Nepal govt asked to declare Mt Everest climber Muhammad Hawari dead after missing for three years
Aidiladha: Over 2,500 Sepang residents received meat this year says Deputy Minister
Student vaping crisis requires immediate enforcement and regulation, says Lee Lam Thye
El Nino: Bomba to step up readiness for potential heatwave and forest fires
Madani govt determined to strengthen development in Sabah, Sarawak, says PM Anwar

Others Also Read