Thursday, August 13, 2020

Private sector jobs down by 200,000 to 8.4 million in second quarter

PETALING JAYA: Private sector jobs decreased from 8.6 million to 8.4 million in the second quarter of 2020, according to the Department of Statistics.

Chief Statistician Malaysia Datuk Seri Mohd Uzir Mahidin said during the quarter, the rate of filled jobs fell 0.1 percentage point as against the previous quarter to 98%, translating into 8.2 million total filled jobs.

“In the meantime, job opportunities which were indicated by vacancies was 170,000. With most economic activities impeded in April, and then gradual leeway given throughout May and June, businesses were still subjected to strict standard operating procedures.

“Moreover, interstate travel banned caused the mobility of the people to be restricted and further impacted business revenue. These subsequently caused less labour demand by industries, as reflected by the lower number of job vacancies compared to a year ago,” he said in a statement.

The rate of vacancies decreased 0.5 percentage points year on year to 2%. However, when compared with the previous quarter, rate of vacancies grew marginally by 0.1 percentage point. More than half of job vacancies were semi-skilled, while skilled ones encompassed 23.1%.

By economic activity, 55.1% of the job vacancies were in the manufacturing sector, while in the services sector, vacancies stood at 17.3%.

In spite of softer labour demand, there were still 12,000 jobs created in this quarter, although this amounted to about a half of the average quarterly jobs created last year. By skill category, the jobs created were mostly semi-skilled.



source https://www.thesundaily.my/business/private-sector-jobs-down-by-200000-to-84-million-in-second-quarter-FE3464654

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