Business

Melaka’s unemployment rate drops to 2.6%

State envisions more job creations through several upcoming projects

Updated 3 years ago · Published on 13 Dec 2022 12:57PM

Melaka’s unemployment rate drops to 2.6%
State Unity, Information, Human Resources and Consumer Affairs Committee chairman Ngwe Hee Sem (middle) says that official data shows that the number of unemployed in Melaka has dropped to 12,100 people in the third quarter of this year compared to 13,800 people in the corresponding period the previous year. – Bernama pic, December 13, 2022

MELAKA – Melaka’s unemployment rate has decreased to 2.6% in the third quarter of 2022 compared to 3.0% during the corresponding period last year, the state assembly was told today.

State Unity, Information, Human Resources and Consumer Affairs Committee chairman Ngwe Hee Sem said that the Statistics Department’s data shows the number of unemployed in Melaka has dropped to 12,100 people in the same period this year compared to 13,800 people in the corresponding period the previous year.

“The Melaka government is always optimistic about the opening of new job opportunities through the state development agenda such as the Melaka Waterfront Economic Zone, which is a new ‘big move’ and ‘game changer’ to drive the state’s economy.

“Through this project, as many as 1,000 new job opportunities can be created thus, increasing locals’ income and reducing the state’s unemployment rate,” he said in response to a question by Adly Zahari (Bukit Katil-PH) on the state’s unemployment rate.    

Ngwe said the state government will also upgrade existing tourism products and implement new development projects, such as the Melaka Marine Park on Pulau Undan and business zones in line with the Melaka Free Trade initiative to create more new business opportunities.

The state government, he said, also placed future talent development as a policy catalyst through the 12th Malaysia Plan as the country, as well as the state, needed highly-skilled human capital to meet the needs of the growing market and economy.

He said the education sector, and technical and vocational education and training (TVET), will also be empowered through the improvement of accreditation, recognition and certification to meet the requirements of the fourth industrial revolution.

“A rating system for TVET institutes will be introduced with the distribution of allocations based on a number of components including marketability, the graduates’ wage rate, and industry collaboration and implementers of initiatives,” he said. – Bernama, December 13, 2022

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