Saturday, August 1, 2009

employment ..



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 AND MARKET



-The labour force estimated increase to 11.5 million in 2006.

-The quality of labour force improved with the share having educational attainment at tertiary level increasing from 13.9 percent in 2000 to 20.0 percent in 2005.

- 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 THE UNEMPLOYMENT RATE TO INCREASE:

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





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