Youth Unemployment Expected to Worsen

By Ooi Tze Xiong

July 2020 FEATURE
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SOME ECONOMISTS BELIEVE that the ongoing economic crisis set off by the Covid-19 pandemic can rival the 1929 Great Depression. In Malaysia the national unemployment rate rose to 3.9% last March, coinciding with the start of the Movement Control Order (MCO); and in the coming months, the Malaysian Employers Federation (MEF) believes that about 2 million citizens could potentially face retrenchment.Youths are among the most vulnerable groups. To discuss the question, the organisation Research for Social Advancement (REFSA) and UNDI18...

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Ooi Tze Xiong

currently delves into content creation and enjoys piloting drones as a hobby. After years of sojourning in cities across Malaysia and Singapore, he eventually decided to call Penang home.


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