Survey shows many who lost jobs during MCO are self-employed

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Survey shows many who lost jobs during MCO are self-employed
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NSTnation: A survey has found that 46.6 per cent of selfemployed respondents had reported losing their jobs following Covid19 and the MovementControlOrder (MCO) being enforced.

The findings of the survey also showed that the agriculture and services sectors recorded the highest percentage of job losses as compared to other sectors.

The first round of the Effects of Covid-19 Survey on Economy and Individuals was conducted by the Department of Statistics Malaysia via online from March 23 until March 31.The survey also found that an estimated nine out of 10 respondents were still working with lower than usual salaries. The survey also found that the duration of employee tenure also influences the financial savings of which 69.7 per cent of those who have worked for less than one year stated that their financial savings may only support them for less than a month. About 11.4 per cent of those working for 21-30 years and 11.7 per cent working over 30 years had sufficient financial savings up to 4 months.

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