IN the past three months, we have all been adjusting to the realities of partial lockdown brought about by the Covid-19 pandemic, which has produced a labour-market “scarring” or long-term damage to our earning prospects.
Malaysia’s labour market felt the brunt of the movement control order (MCO) implementation, with unemployment in April spiking to 5%, the highest since 1990. Economists say it is likely to go higher in the coming months.
