Keyword: "lay-offs"

Ten groups of occupations are recording a sharp fall in recruitment demand, and the unemployment rate may increase in the time ahead, said recruiting service provider Navigos Group.

About 150,000 new jobs will be created in the second quarter of this year, including 28,200 in electronics and optical device manufacturing, 18,600 in food processing, and 4,700 in beverage production, the Ministry of Labour, Invalids and Social Affairs (MoLISA) predicted.

Malaysian employees have voiced concerns about financial and job stability amid a softening economy laden with worldwide business restructuring, increasing operating costs, and high interest rates, according to talent agency Randstad Malaysia.