INTRODUCTION
Malaysia is considered as one of the great
success stories in the developing world. Malaysia
had one of the highest growth rates in the world.
The onset of the financial crisis in mid 1997 severely
disrupted the Malaysian economy. But, the economy
recovered very quickly with the help of an independent
recovery package regaining the precrisis growth
momentum by 2000.Malaysia was able to
withstand the crisis with little adverse impact
on employment and standard of living.
OUTLOOK ON THE MALAYSIAN LABOUR FORCE
-The labour force estimated increase to 11.5 million in
-The quality of labour force improved with the share having educational attainment at tertiary level increasing
- The economy registered full employment with the unemployment rate with 3.5 percent in 2005.
TABULATION OF DATA
Year Employment Workforce | 2004 (mil) | 2005 (mil) | 2006 (mil) | 2007 (mil) |
Manufacturing | 2.972 (7.1%) | 3.133 (5.4%) | 3.244 (3.5%) | 3.343 (3.0%) |
Agriculture, Forestry, Livestock and Fishing | 1.413 (-0.4%) | 1.401 (-0.4) | 1.392 (-0.6%) | 1.378 (-1.1%) |
Government (Civil Service) | 1.041 (1.5%) | 1.053 (1.1%) | 1.064 (1.1%) | 1.085 (1.1%) |
Finance, Insurance, Real Estates and Business Services | 0.695 (5.7%) | 0.734 (5.7%) | 0.771 (5.0%) | 0.791 (2.6%) |
Construction | 0.767 (-0.9%) | 0.760 (-1.0%) | 0.755 (-0.6%) | 0.766 (1.5%) |
Transport, Storage and Communication | 0.594 (8.3%) | 0.630 (6.1%) | 0.646 (2.5%) | 0.662 (2.4%) |
Other Services | 2.943 (4.8%) | 3.138 (6.6%) | 3.234 (3.4%) | 3.334 (2.8%) |
GRAPH
Statistics Of Malaysia Employment Between The Year 2004-2007

The graph shown is about the labour force in 7 different
sector including manufacturing, agriculture, financing,
construction, transportation, and other services.
In the manufacturing sector, between the year 2004
and 2007.The employment work force has achieved a
staggering increase of 2.972 mil to 3.343 mil.
This is the exact opposite in the agriculture sector
whereby between the year 2004 and 2007 the
employment work force sank from 1.413 mil to 1.378 mil.
UNEMPLOYMENT RATE

FACTORS CAUSED
ECONOMY – plummeted economy
CHOOSY IN FINDING JOB
NO QUALITY QUALIFICATION
ILLITERAL IN ENGLISH
PREDICTION
Malaysia has shed 26,000 jobs since the global financial
crisis blew up in September and nearly twice as many
workers could lose their jobs this year as struggling
manufacturers cut output.
Malaysia lost 33,000 jobs in 2008, the bulk of them in the last
few months as the global crisis suddenly worsened and Asia’s key
export markets in the West slipped into recession.
- Malaysia sees up to 50,000 job losses this year
0 comments:
Post a Comment