PETALING JAYA: Almost 50% of self-employed Malaysians have lost their jobs after the movement control order (MCO) was imposed due to the Covid-19 outbreak, according to a survey by the Department of Statistics.
The online survey, which was conducted from March 23-31, recorded responses from a total of 168,182 respondents aged 15 and above.According to the survey titled"Effect of Covid-19 on the Economy and Individual", 46.6% of self-employed workers had lost their jobs.
Employers, who made up 2.9% of survey respondents or about 4,877 people, have also been hit badly, with 23.8% of them losing their businesses. Of the self-employed workers who were still working, almost 95% experienced a drop in income and of this, 35.5% had their incomes drop by more than 90%.The survey also found that 71.4% of self-employed workers had savings which could not last for more than one month and that 81.9% of them were not ready if the movement control order MCO was to be extended further.
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