Malaysia’s labour market continued to see improvements in 2022 with the unemployment rate dropping to 3.9 % and a higher employment rate, according to the Department of Statistics Malaysia (DOSM).
The labour market of Thailand improved in the first quarter of 2023, with 98% of the labour force employed, according to the National Statistical Office (NSO).
Thailand’s unemployment rate at the end of February dropped below 1% for the first time in four years, which is a sign that the economy is improving, the government announced on April 23.
Vietnam’s labour market continued to maintain recovery momentum in the first quarter of 2023, Deputy Director General of the General Statistics Office (GSO) Nguyen Trung Tien said at a press conference in Hanoi on April 6.
The Malaysian Employers Federation, the nation’s largest employers' group, fears that up to 60,000 people could lose their jobs this year, double the yearly average of the past, its President Syed Hussain Syed Husman has said.
The workforce of Vietnam has recovered quickly and the labour supply chain was not cracked down, Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung told the National Assembly (NA)’s fourth session on October 28.
Malaysia's unemployment rate fell to 3.9 percent in April 2022 from 4.1 percent a month earlier, according to the Department of Statistics Malaysia (DoSM).
Unemployment in the first quarter of 2022 shrank by 130,000 to around 1.3 million from the previous quarter, reflecting a labour market post-pandemic recovery, according to the General Statistics Office (GSO).
The Party Committee of Can Tho city has issued a programme on vocational education and job provision for 2021 - 2030, aiming to reduce the unemployment rate to not higher than 4 percent by 2025 and 3 percent by 2030.
Malaysia's unemployment rate fell to 4.2 percent in December from 4.3 percent in the previous month, data of the Department of Statistics Malaysia (DOSM) showed.
Malaysia's unemployment rate decreased to 4.3 percent in October, the lowest rate since April 2020, according to the Department of Statistics Malaysia (DOSM).
Personal debt among young adults in Singapore has been rising during the COVID-19 pandemic, and the situation could worsen once interest rates start to rise.
The COVID-19 pandemic has had great impact on the labour market, with an increase in the unemployment rate, according to the Department of Employment of the Ministry of Labour, Invalids and Social Affairs (MoLISA).
Thailand’s cabinet on June 8 approved the hiring of 10,000 special government employees on a one-year contract to mitigate the impact of the COVID-19 pandemic.
Singapore’s unemployment rate continued to drop for the fourth consecutive month in February as the economy has recovered, according to the Ministry of Manpower.
Singapore’s overall unemployment rate continued to fall in January thanks to economic stabilisation, according to latest figures released by the Ministry of Manpower (MOM) on March 3.