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Unemployment Rate To Balloon To 13% With 2.4 Million Jobless Msians Due To MCO

today17 October 2020

Background



Prior to the pandemic, EPF noted that 19% of Malaysian children were living in relative poverty.

In other words, 1.7 million children were living in a family whose parents or guardians made less than about RM2,900 — 50% of the median household income of the country, which is RM5,860.

40% of children below the age of five experienced stunted growth due to poor nutrition, while 14,000 teens dropped out of secondary school.

Based on EPF’s 2019 data, 86% of Malaysians’ income was less than…

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Written by: Yap Wan Xiang


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today17 October 2020

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