JUNE 19 — In between handling the twin crises involving the economy and public health safety, one of the alarming issues faced by not only Malaysia but globally is the rising unemployment. Then some would wonder, who is the most disproportionately affected by it? The answer would be youth, who is...
Friday, 19 Jun 2020 03:07 PM MYT
As a result, many young talents came to be involved in the informal sector, temporary work or even continue studying. Jobs carried out by youth are then normally associated with low wages, limited social security and poor working conditions. In contrast, unemployment rate in other older age groups are relatively lower — 25 years and over and 31 years and over .
Estimates from Bank Negara in 2016 shows that the living wage in Kuala Lumpur — minimum acceptable standard of living — for a single adult is RM2,700 per month after taking into account room rentals, eating out due to hectic city lifestyle and frequent usage of public transportation. As much as government’s efforts deserve to be lauded in addressing the matter, several measures could be more promising of the future potential human capital.
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