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JobStreet Survey: 2 Million M’sians Are Expected to End up Unemployed

A recent survey has revealed up to 20% of respondents have been retrenched, amid the ongoing Covid-19 pandemic. This statistic is incredibly worrying.

Credit : FCW

The survey by JobStreet which was conducted in May during the period of Movement Control Order ( MCO). It’s involve 5,000 Malaysians workforce, indicated that 1 in 5 Malaysians who were previously working have lost their jobs due to Covid-19 crisis.

It also revealed that more than two million Malaysians are expected to end up unemployed.

“35% of Malaysians have experienced a more than 30% paycut during MCO period,” said JobStreet country manager Gan Bock Herm in a statement.

Credit : HCAmag

He added that 54% of the survey’s respondents are actively searching and applying for jobs, despite the uncertainty.

However, despite of grim outlook, several sectors in Malaysia are still actively looking for employees, which include:

  1. computer and information technology( IT)
  2. manufacturing and production
  3. banking and financial services
  4. retail and merchandise
  5. healthcare and medicine.
Credit : Jobstreet

“There are more job searches in Malaysia today, with over 74 million searches on Google in March, an increase by 13% before Covid-19 struck and 16% more than compared to the same period last year.

JobStreet has launched the campaign #TogetherAhead, with a specially set up COVID-19 Jobs and Resource Hub to offer guidance to both businesses and individuals through this crucial time. Check out Jobstreet.com for more info.

#TogetherAhead, we rise above our challenges.

Source : Malay Mail