51356
Malaysia Jobless Rate Up
Malaysia Jobless Rate Up

Malaysia Jobless Rate Up

Malaysia Jobless Rate Up

Unemployment in Malaysia is rising, the latest data released by the Statistics Department showed, Bernama reported. The obvious correlation to the rise in the jobless rate, which in Malaysia is counted as those who are unemployed but remain actively looking for a job, is the slower pace of economic growth. The economy, up until the second quarter ended June 30, has slowed for five quarters in a row with weak exports, the main drag on growth. Although private consumption and investments supported the economy in the second quarter, economists are not very confident that this will drive growth in the coming quarters without supportive government policies and improvement in overseas consumer demand.

 

Short URL : https://goo.gl/w8pacI
  1. https://goo.gl/VQNvTm
  • https://goo.gl/eDJDmb
  • https://goo.gl/gkWBnB
  • https://goo.gl/FN4G1h
  • https://goo.gl/iF0pF7

You can also read ...

US Economy Back on Top of World Competitiveness Ranking
Marking its 30th edition this year, the IMD World...
China Debt Crackdown Leaves Institutions Short of Cash
China is cutting off funds to financial companies and banks...
Some 96% believe that bribery and corruption was an important issue to tackle.
Almost one out of two large global companies experienced some...
Deutsche Bank Will Cut 7,000 Jobs
Deutsche Bank said on Thursday it will reduce global staff...
Taiwan Growth Forecast Upgraded to 2.6%
The directorate general of budget, accounting and statistics...
Turkey Raises Rates Sharply to Prop Up Lira
Turkish President Recep Tayyip Erdogan is facing a potentially...
Two Oman Banks Discuss Merger
Oman Arab Bank has initiated merger talks with fellow Muscat-...
MSCI’s broadest index of Asia-Pacific shares outside Japan was almost flat.
Market sentiment was a little shaky on Friday with Asian...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus