Malaysia

Unemployment down due to strategic cooperation: Sivakumar

HR minister notes interstate joblessness reduced too, in tandem with nationwide drop

Updated 3 years ago · Published on 20 May 2023 10:13PM

Unemployment down due to strategic cooperation: Sivakumar
Human Resources Minister V. Sivakumar says 793,086 jobseekers have been employed as of April. – ABDUL RAZAK LATIF/File pic, May 20, 2023

PUTRAJAYA – Strategic cooperation with various government ministries and agencies has reduced the country’s unemployment rate from 599,600 in the fourth quarter of 2022 to 588,700 people in the first quarter of this year, said Human Resources Minister V. Sivakumar.

He said the interstate unemployment rate also reduced in tandem with the decline in the national one, with Putrajaya recording the lowest rate of 0.8%, followed by Perlis with 2.1%, Penang with 2.3%, and Negri Sembilan with 2.5%.

He said some of the initiatives implemented by his ministry through the Social Security Organisation (Socso), TalentCorp, Human Resource Development Corp, and Skills Development Department included providing the job portal MYFutureJobs, which is a virtual platform to match jobs based on qualifications, skills, wages, and employers’ needs.

“A total of 793,086 jobseekers have been employed as of April,” he said in a statement today.

In a bid to boost job offers by employers, Sivakumar said Socso implemented interview sessions at all its state offices on a daily and weekly basis as well as large-scale employment carnivals. 

For this year, he said a total of 4,130 programmes are targeted and, as of April, 1,127 programmes have been implemented, with 5,121 jobseekers finding employment.

In addition, Sivakumar said the government has also signed a memorandum of understanding with government-linked companies and private companies covering training to overcome mismatch and unemployment among technical and vocational education and training (TVET) students.

He said that under Budget 2023, his ministry has been given the mandate to implement the active labour market programme initiative that was launched on May 1, which included an employment transition programme for TVET apprentices and school-leavers, or TVET Career, which provides a monthly RM600 incentive payment for three months to employers who employ TVET graduates.

He said the informal gig riders’ career building programme also provides a RM300 monthly allowance for three months to gig riders who actively undergo skills training to obtain stable jobs in the formal sector, as well as skills improvement programmes for TVET apprentices and school leavers. – Bernama, May 20, 2023

Related News

Malaysia / 3mth

DOSM: May unemployment rate remains at 3 per cent

Malaysia / 3y

HRD Corp: Sivakumar says ready to fully cooperate with PAC

Malaysia / 3y

Exclude jobless migrants from official unemployment stats: Tangau

Malaysia / 3y

Foreign worker applications for three sub-sectors to open on Oct 10

Business / 3y

Sabah’s low wages due to SME dominance: Sivakumar

Business / 3y

Over half a mil unemployed nationwide, with 29% in Sabah: Sivakumar

Spotlight

Business

Ringgit gains as oil prices plunge on hopes of Iran conflict de-escalation

Events

UKM to establish academic research platform named after Dr Wan Azizah

Malaysia

Deepavali preparations destroyed as flash floods inundate Sungai Buloh homes

Malaysia

Melaka polls: Calm campaign puts focus on what parties can offer voters

Malaysia

Anwar challenges Hadi over ‘Dajjal’ label

Malaysia

Shuhaily remains AKPS chief pending official transfer order, says lawyer

Malaysia

Najib's former wife Tengku Puteri Zainah passes away

Malaysia

Matrade exposes scam involving fake procurement orders, advance payment demands

By Alfian Z.M. Tahir

Malaysia

“Don’t panic,” Govt assures stable essential goods supply amid geopolitical tensions, monsoon threat

You may be interested

Malaysia

KLIA assault case: Two policemen seek civil damages from AKPS chief

Malaysia

Federal Court appeal holds up Rosmah’s bid to introduce fresh evidence in solar graft case

Malaysia

Deepavali: MADANI government cuts toll rates by 50 per cent for two days

Malaysia

Insurers must not use litigation to wear down accident victims, court rules

Malaysia

Negeri Sembilan PH opposition questions Nov 26 assembly sitting over missing 28-day notice

Malaysia

Kluang Council cyberattack exposes need for stronger cybersecurity funding, audits

Malaysia

Let the US election results be a reminder to us – Guan Eng

By Ian McIntyre

Malaysia

AGC: Najib's house arrest should be suspended pending legal review